I’ve been meaning to get to my discussions regarding “Stock Market Bubbles” and our approach to both defining them, laying a gamble, portfolio adjustments, and trading such ‘asset bubbles’.
We are going to get to that;; and I have begun to create the ‘outline’ of that discussion.
However, two things happened today, that I think we need to talk about.
1 ) We breached all-time highs in the S&P 500, and earlier in the X / Twitter stream I said: “Yeah, we said seven months ago that could happen” or something to that effect (note the wording there, that is critical). How does what we said there, differ from FURU types that try to claim a ‘prediction’? Especially since we do not believe in predictions; since point in fact, NO one knows where the market is going?
2 ) What was the thought, behind closing down the PARA trade, where we had sold cash covered put premium to put buyers? We made a profit on the trade … but why close it down early? Especially since i said there was “a” defense mechanism built into selling the premium cash covered?
This video entry, is a partial preview of the full “Read the Report” entry …
You can find the video as below on YouTube, and is available in many other video venues (Vimeo, Odysee, etc). The full entry regarding the nuances of such trading can be found here …
——-
Disclaimer: None of the thoughts or posts at GTC Traders / gtctraders.com constitutes a recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. None of the information providers or their affiliates will advise you personally concerning the nature, potential, value or suitability of any particular security, portfolio of securities, transaction, investment strategy or other matter. GTC Traders simply writes such articles to delineate their thoughts for their own edification; as they allows ones to ‘look over their shoulder’ through such posts. All thoughts posted are simply individual thoughts as to process as of the time of writing, and are subject to change without notification to readers of this website. Stocks and options trading involves substantial risk of loss and is not suitable for every investor. The valuation of stocks and options may fluctuate, and, as a result, any trader may lose more than their original investment; especially in the case of the use of options. Any content on gtctraders.com should not be relied upon as advice or construed as providing recommendations of any kind. It is your responsibility to confirm and decide which trades to make.