Rocket 5:30 AM Morning Video Update 01-06-21
Democrats look to have won both Senate seats in GA overnight and markets have reacted somewhat calmly so far. NQ Futures are down almost 2%, while the Dow is actually postive. The VIX sits at about 25. Gold is higher, and the 10 year yield has climbed back above 1% for the first time since March. This should be an interesting day in the markets as supply and demand try to find an equilibrium. I'll have another update out later today!
Morning Video Update:
Morning Video Update:
ES
NQ
Dow Futures
VIX
Bitcoin eclipses $36,000 overnight
10 Year Yield at 1.03%
Options Trades:
Bought a Jan 8th $368 SPY Put for $3. This option expires Friday. The SPY is trading at $370.80 as of 5:45 am EST.
Short Term portfolio:
None active
Long Term portfolio:
We sold a Jan 8th CRM $217.50 put for about a credit of $2.40. This should be a cash secured put, meaning you have the cash to buy 100 shares if assigned the equity, which we would then hold as a position in our long term equity portfolio. CRM is trading at $218 this morning.
Long half position in DIS at $118.63. Disney is trading at $178.44. Stop is $98.45.
Long half position in UBER at $31.50. Uber is trading at $53.08. Stop is $26.24.
Long half position in MCD at $216.91. MCD is trading at $211.48. Stop is $189.50.
Bought a Jan 8th $368 SPY Put for $3. This option expires Friday. The SPY is trading at $370.80 as of 5:45 am EST.
Short Term portfolio:
None active
Long Term portfolio:
We sold a Jan 8th CRM $217.50 put for about a credit of $2.40. This should be a cash secured put, meaning you have the cash to buy 100 shares if assigned the equity, which we would then hold as a position in our long term equity portfolio. CRM is trading at $218 this morning.
Long half position in DIS at $118.63. Disney is trading at $178.44. Stop is $98.45.
Long half position in UBER at $31.50. Uber is trading at $53.08. Stop is $26.24.
Long half position in MCD at $216.91. MCD is trading at $211.48. Stop is $189.50.
Timer Digest Signals: S&P: Bearish Gold: Bullish Bonds: Bullish
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