Day 18: Rate Cuts
Green Day today with $S&P 500 Index (.SPX.US)$ setting another new high.
Mag7 all Green except for $Amazon (AMZN.US)$ , Good profits for the Bulls.
Todays P/L is green. Had my $NVIDIA (NVDA.US)$ Covered calls assigned premarket else todays profits would be much higher.
I sometimes post my securities position to motivate myself while also acts as a reminder to take profits and cut losses when such desisions are due.
Options Expiring this week $Alphabet-C (GOOG.US)$ . $GOOG 241018 150.00P$ Sold PUTs at its high with constant greens. Not much 🎢 on this.
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Sold a PUT on $Tesla (TSLA.US)$ earlier this month. 10/10 didn’t do wonders with Analysts and TAs forecasting more drops. Not new news to me as such has been the norm for Tesla. Will still need to be mindful and take precautions when necessary.
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Asset distribution shows my Cash went up 36%. will need to relook at where to proposition and reinvest. For me, Cash on hand is not good as its not working harder by sitting there. (Imagining me whipping my idle ) Luckily MooMoo SmartSave will take care of that and auto deposit to Cash Plus $CSOP USD Money Market Fund (SGXZ96797238.MF)$ while I decide.
YTD Return 64%. EOY strategy for sustained growth looks promising.
Halfway through Oct. Setting good monthly growth results of 5%. Not sure why my Oct Results are only showing till the 10th when it’s already 15th. @Moomoo Buddy
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