China’s Slow Down, Tesla’s Earnings, Webinar on Options
I hope everyone had a good weekend and that you are starting to get ready for Halloween! The market gapped down significantly because of slower than expected GDP figures from China but it has quickly recovered the losses. As I am writing this newsletter, QQQ and SPY are moving toward all-time highs. This amazing volatility has made it an incredible world to trade in. We are also heading into the earnings season, with Tesla among others reporting this week. What are your thoughts? What is going to happen?
I traded AAPL and AMD, and I am still holding some of them for tomorrow. Plus, as you know, I am very long in leveraged ETF indexes (TNA, SPXL, and TQQQ). Ardi is helping me to write covered calls and buy-writes in order to generate some extra cash. For a recap of my day’s trading, please watch our channel here.
This week, we are again hosting several important webinars. For our Tuesday Strategy session, I have asked Ardi to present the options strategy I discussed in the previous paragraph. Please join us as we show you how to generate income through covered calls and a buy-write strategy (and it works even on your losing positions).
As well, do not forget about our Vancouver meetup scheduled for December 3 at PCT and BBT’s office. We would love to have hundreds of traders join us. After our meetup, we will go over to an electronic dance music event organized by some of my friends. Mike, Peter, Carlos, Kyle, and several others are joining us. We hope you can too! You can RSVP here. Please do let us know in advance if you are coming. This is THE event to come to, meet with us, and explore Vancouver and its true underground culture!
To your success,