He had a bear put spread which he has sold and taken profits by using this option. He thinks JPM won’t go any lower
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He has no Positions in either now. He stopped loss on VISA as he was down like 30%
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I’m a bit annoyed that I got caught by this too. I did in fact buy some shares in Visa last week… which turns out to have been too soon! If only I had waited to buy on this week’s dip instead… 
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You win some you lose some!
In the same boat. My portfolio is still up this month though given the sell off today so I can’t complain
Thank you for the update and the slides 
.
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A strong insight today
(OCTOBER 28 BIWEEKLY STRATEGY WEBINAR Q&A),
Discusses Visa loss. Elections, Real Estate Bubble, Zoom & Docusign
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Interesting. These are 3 new positions
Don’t they contradict yesterdays 5 bull positions?
He added an additional Amgen bull call at some point yesterday, after my post:
https://madhedgefundtrader.com/wp-content/uploads/2020/11/amgn-ta-nov2.png
The “Hot Tips” of today do not provide an explanation either.
We might have to wait to see the updates on the spreadsheet to understand whether he changed his mine for the next few days.
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I see he’s said “Bonds and US dollar will dive, Gold will soar… Technology in general is losing it’s flavour of the day, with new funds pouring into industrials, banks, biotech, railroads and courier stocks”.
That lines up with how I read his calls yesterday and his puts today.
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