No idea I’m afraid, I don’t know if he ever publishes specific targets.
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(Dyor as always)
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Thank you 
.
I have never shorted anything I prefer to stick to long.
But I am also waiting a drop to buy Microsoft and Amazon. I just can’t come up with a reasonable dip. With Covid I am inclined to go for 10%, but it might be too much. Any thoughts?
Interesting update today… “get ready for the reversal” , “short sell TLT”, “keep buying AMZN on dips”
2 new bearish trade alerts for AMZN and TLT
edit: 3rd alert today TSLA - bear
edit2: 4th FB - bear 5th JPM - bull
Basically my take away is there is going to be a moderate dip in the next 14days
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Good write up this evening
Can someone explain why you would both buy and sell a put?
Is it to hedge/limit is risk as they have different strike prices?
I don’t use options, I just know the basics of what buying a put is. Buying a put as I understand it (Correct me if I am wrong) gives you the right to sell shares of a certain stock at a certain price on the expiry date… So, for example he has bought the right to sell 100 amazon shares at 3350 USD on the 21st of August.
But then and considering that he is bearish, why does he “sell” a put option which effectively could force him to buy Amazon shares at 3300 USD on the 21st of August regardless of its price?
Yes it is to hedge the risk. Uncovered positions are never recommended.
The point is to make money of price movements. (Im no expert)
As long as the price doesnt hit the strike price he is in profit
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It seems that he is buying gold again:
https://www.madhedgefundtrader.com/hot-tips/
He shared this link:
No big change though, lots of sources are predicting a bullish gold market.
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Didn’t he say to sell Gold only a day or two ago in one of his emails? Just the same as any of the other commentators IMO with wild claims of people in the know and massive experience and success in all sorts of sectors.
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Great Insights
He mentioned gold would take a dip so to take some profits off the table then re-buy the dip. These are only insights and he does not claim to ‘know’, he’s just very good at following current trends.
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Ah, fair enough - I didn’t read carefully enough then, apologies. The constant pushing for attending webinars & the like for superior knowledge have rubbed me the wrong way so I stopped paying so much attention (Appreciate everyone has the right to earn a living, I’m just automatically wary of people who push in this manner & claim to have superior knowledge - & he does do that in some emails)
Naturally he’s going to toot his own horn to get those subscribers however I don’t think he’s ever claimed to have any information that isn’t available to others.
As for his latest updates and tips: it looks like the winners and losers will carry on rotating. He still thinks there could be another dip around election time with the S&P500 down to ~2800-3000. Buy Dips in: Banks (just had one), Healthcare (in one now), Big Tech (coming soon)
Fed Money printer will cause:
- Bond prices must fall
- USD is going to weaken further
- Buy dips in gold (just had one)
For anyone thats interested Current (Option Spreads) Positions @ 13/08/20
Price flat/go up
- (JPM) call spread
- (BAC) call spread
- CSCO call spread
- MSFT call spread
- ADBE call spread
- (GLD) call spread
Price flat/go down
- (AAPL) put spread
- (AMZN) put spread
- (TSLA) put sprerad
- (FB) put spread
- (TLT) put spread
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Thank you for the updates.
I was thinking of buying Cisco and Microsoft, so I may buy a bit today.
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So, todays “tip” seems to be that the “S&P 500 Bull Market Shows No Signs Of Slowing”.
However, if you look on the right hand side it seems like his “indicator” is on 1 which should indicate sell.
That comment surprised me too. Not the most insightful update today
Btw He has exited his short positions in amzn and tsla
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Thanks for the update
