ネコくまモン wrote a note · Oct 30, 2024 21:50

(10/30/2024) The NY market opened lower due to financial misconduct suspicions of $SMCI. ⭐ Strengths and weaknesses are half and half ⭕ Internet information ❌ Pharmaceuticals, semiconductors → Eventually, the NY market ended with a full decline. ⭐ Strengths and weaknesses are half and half ⭕ Internet information ❌ Semiconductors.

(2024/10/30 22:35)
In the NY market, trading started lower due to financial misconduct suspicions surrounding $SMCI.
Buy internet information⭐, sell pharmaceuticals and semiconductors⭕.

Dow -34, Nas -10, S&P -7, Russell -5 points down.
- Interest rates (Y10 = 4.21%) down
・Gold is up, while silver and copper are down.
- Crude oil 68.2
・Grains (soybeans ⬆️, corn ⬇️)
BTC is down.
- USD/JPY 153.2↓
- F&G 58↓

(10/30/2024) The NY market opened lower due to financial misconduct suspicions of $SMCI. ⭐ Strengths and weaknesses are half and half ⭕ Internet information ❌ P...

Sector Situation
⭐ Strong and weak sector evenly split.

(Top 3) Net information services, scientific & technical instruments, credit services
(3 categories) solar, pharmaceutical & general, qitabankuai & mining

(22:30)
Sell $TSLL at a small loss.

Cut losses a little at the opening.
To generate some cash.

$Direxion Daily TSLA Bull 2X Shares (TSLL.US)$

Sell $AG with 100% loss.

Withdraw at the opening.

$First Majestic Silver (AG.US)$

Sell $INDL for almost a loss.

Also, leaving one share of $INDL at the market price.
One share is for monitoring purposes.

$Direxion Daily MSCI India Bull 2X Shares ETF (INDL.US)$

(23:00)
Further 50% loss cut on $TSLL!

Further cutting half of the position for a loss.

(23:09)
🟦$JNUG is significantly buying more w.

Today, because gold is being bought, I will increase my buying position in $JNUG with a stop loss.

$Direxion Daily Junior Gold Miners Index Bull 2X Shares (JNUG.US)$

(23:12)
Oops, the NY market has rebounded! lol
Watching the situation again.

(2:28)
Re-entering with a trial in $YANG 🟦

By the way, I am skeptical about the Chinese economy, thinking it could be a major source of global shocks! Lol

That's why I will try selling china with hedges and then buying $YANG again! 🏴‍☠️🏁

$Direxion Daily FTSE China Bear 3X Shares ETF (YANG.US)$

(6:30)
In the end, the NY market closed with an overall decline.
⭐ Buy on internet information, sell semiconductors!

・Dow -91 Nas -104 S&P -19 Russell -5↓
・Interest rate (Y10=4.30%)↑ ⭐ High interest rates
・Gold↑ Silver and copper↓ ⭐ Gold stands out
・Crude oil 69.0↑ ⭐ High oil
・Grains (soybeans ⬆️, corn ⬇️)
BTC is down.
- USD/JPY 153.3↓
・F&G 58→

Sector Situation
⭐ Strong and weak sector evenly split.

(Top 3) Scientific & technical instruments, Building materials, Packaging & containers
(Bottom 3) Qitabankuai & mining, Semiconductor equipment & materials, Silver