For now, the pattern is bearish, not bullish. While it is tempting to try to preempt turn arounds due to things like "everyone knows about ______," reality doesn't work that way. If there is a plunge, then the Bollinger Bands can be violated, and for a prolonged period, interrupted by a brief short covering rally, and resume crashing. In a major bull run event, the same is easily true in reverse. Use stop losses and move them to lock in profits.
It will go...

The Uranium bull market is officially upon us. Spot price/lb blew past the $60 mark needed for junoir mining projects to turn profitable and has recently spiked through 75/pound. My take profit targets all got hit early (I was expecting a seasonal spike and pullback), and I opened too many puts, too early. I will still be profitable, even if my October puts expire worthless, anf they very well may. I want to close them for the pocket change remaining in them, but Octobe...

The beginning of the month was great. I had broken the short legs on some put debit spreads (e.g. $Apple (AAPL.US)$ 185/175) for pennies on the dollar and had some nice gains, along with a couple of stocks in the financial sector making up for most of the losses in July. The nuclear energy sector heated up more than expected and stayed hotter for longer, so while sell targets were reached early, the degree of pullback in the third week made re-entry rather difficult ...

My only tech positions are short positions via put options on $Invesco QQQ Trust (QQQ.US)$ $Apple (AAPL.US)$ and $NVIDIA (NVDA.US)$ .  maybe 7-8% of my portfolio. While I don't doubt the future success and innovations of the tech sector, the valuations are a little crazy at the moment. Maybe after a larger pullback, I will get in. AI will doubtlessly be useful to daily life like the internet is now, but the dot-com bubble came before widespread adoption of cable DSL, nevermind Wi-Fi. I suspect t...

Remember! Musk has repeatedly claimed that he will never again dump shares on his investor's heads... before going along and promptly doing so. He sold at the top of each mania swing and sold again to buy Twitter. Given the recent devaluation of $Tesla (TSLA.US)$ , I would be anything other than surprised to find him doing "what he will never do again," again. Perhaps he will not do so, but part of why I have never been a Musk/Tesla cultee is because of the contrast of m...

what do I do?

I was most intetested in the earnings report from $Apple (AAPL.US)$. It is a major pivot point for the overall market due to inclusion in major indices ETFs and so many retirement accounts. I have been waiting for the AI bubble to begin bursting, and the recent downturn in AAPL is the first major indicator of market trend change. To be sure, I expect AI to become as much a part of daily life as the internet is today, but the present valuation of the tech sector is too high. Now is time...

I look for more expensive stocks with large, frequent price change trends lasting about a month or so (most easily seen on a line chart). when the Bid/Ask spread widens (e.g. -$0.10 -- +$8.00)  I take that as a sign that a turnaround is near and will enter a limit price around 25-33% up from the Bid, GTC. When the  order fills, I set a Sell Limit order about 40-60% of max profit GTC and wait for it to hit. Monthlys only, strikes about $10 wide.

I got on MooMoo for the promotional deals for account creation, so I picked a sure fire winner for my single, large order of shares: Centrus Energy ($LEU). Not only is it a high-frequency performer, seeing 20%+ moves multiple times per year with a fairly predictable range, but the company is also the inherritor of the equipment used by the Manhattan Project. With a little help from the film industry, I was able to snag a quick 20% upside and am hoping to se...