This is all getting ridiculous and I can tell sentiment is at its absolute worst. The rates change did nothing but I am optimistic here this week.
I have a defensive trade, in short, Casino names since the end of the year.
But, let's talk about the rest of this week.
The key here, in all of this bullshit, is staying alive. Remember this.
Tesla:
$420-$400 on this stock is where I want to start the long. The upside is $530-$550 for me when and if this area hits. $490, that is the level to watch.
ZIV/VXX:
I am probably buying shares of ZIV around $31-$34 for a 1-4 day long trade. That, coupled with the VXX short, I already have on.
I am, with that Tesla long, expecting the QQQ to rally as well. $190 is the key, above that then we have a rally. This is getting tired and chatting to others in circles they feel the same, so let's see if we can get this going.
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