Your daily source for trading strategies, tech news, and politically incorrect humor.
Dear eMBers,
Happy Friday!
Your Morning Bullets are here. Let’s dig in.
INVESTOR INSIGHTS – Gold Trades and G-20
On Tuesday, I talked about gold being overextended.
And I bought some puts.
How did I do?
Trade 1:
On Tuesday (6/25), I bought GLD (gold ETF) puts betting on gold to decline.
And I sold them the next day for $875 or 33% gain.
Here is a screenshot of my TradeStation account statement:
Trade 2:
On Tuesday (6/25), I bought GDX (gold miners ETF) puts betting on gold to decline.
And I sold them the next day for $192 or 36% gain.
Here screenshot from my Interactive Brokers account statement:
Anyway…
G-20 meeting kicked off yesterday.
And I expect interesting headlines and tweets over the weekend.
I’m not betting on it one way or the other.
Why?
Because I don’t gamble. I only take high probability and low risk trades.
Let’s wait and see what happens.
YOUR SILICON VALLEY (LIBERAL) OVERLORDS
Twitter announced it will censor President Trump’s tweets.
How?
By “down-ranking” those which violate their rules via algorithms.
And there is more.
Offensive tweets will also receive a special label.
And you will need to click on this message to see the tweet:
“The Twitter Rules about abusive behavior apply to this Tweet. However, Twitter has determined that it may be in the public’s interest for the Tweet to remain available.”
Will they apply this fairly across the board?
TRUMP DERANGEMENT SYNDROME
AOC’s photo shoot fiasco…
Newly revealed photos show AOC at the boarder protest…
They show AOC hodling her face and appearing to cry.
She was dressed for the occasion.
She wore a pristine white outfit, red lipstick and a $595 watch.
What was she crying about?
A photo from another angle shows the other side.
On the other side of the fence was an empty parking lot and some police officers…
#staged
TRUMP IS WINNING
Democratic debate was on Wednesday.
And it was an epic failure.
Why?
Well, MSNBC had technical difficulties…
Watch it here (quick 1 minute video)
CRAZY-INTERESTING OR RIDICULOUSLY-WEIRD
ADDITIONAL READING AND RESOURCES (ARR)
I can’t get into all the news and interesting information out there in this one email, so what you’ll find here are articles, presentations, and resources I’m digging into and believe you should as well.
Jeff Clark is my favorite trader.
And his service is only $19.
But I heard they might be raising the price soon.
Your biggest fan,
P.S. We’d love your opinion.
How useful did you find today’s Morning Bullets?
Not useful – It was ok – It was good – Extremely Useful 13.9% 12.1% 46.2% 27.8%
Note: Percentages are updated once per week on Sundays and include all feedback since inception.
|
