Saturday, January 23, 2021

Carnival Stock, CCL and others

A great source of information: Finance.yahoo.com and finviz.com. Even at 1 am when everybody else is sleeping.

All you need to know about Sectors and Industries. Their peers and suppliers. Financials and Tech Analysis. All there.

Do I expect the stock to drop when it is not earning anything for the next 4-5 months? This industry is in peril and the outcome is uncertain. China should pay for all of it!

A trader makes money either way. If the markets go up we buy CALLs and Long positions.

When the market goes down like this one we make money on the demise of the business, buy PUTs or short the stock.

When there is no movement and the market stays flat we sell credit spreads and Iron Condors and make money that way. 

Either way, the research looks for trading ideas and leading indicators will make sure you are on the right side of the equation. Full steam ahead, Baby.



No comments:

Post a Comment

Featured Post

One Day before GDP Release. Whats up with the Qs?

The 28 May 365/385/315/295  QQQ  Iron Condor circles between 25% and 30% P/L. If it hits 30% today I will take it off. If it waits until tom...

Popular Post