FXP, compared to the other ultashort ETF's, it's a couple of steps behind, mainly due to the Chinese bailout. I'm out of FXP, and I'm done with it. I'm more focused on Oil now, maybe we will see $42/barrel. I think Oil will turn first, then some small caps.
I'm using some ultra's in the Roth's(DIG, DUG, DXO(not yet), ERX, ERY), and many options in the Regular account's.
In the afternoon I skimmed another $30/share in SKF, but not a huge play.
I was expecting more bounce with some auto maker news, but it was short lived, and I closed some looser moves from yesterday. I'm a crazy man though, I bought some cheap WFC, FRO, and PBT, for a rainy day.
Great job with SKF, and I'd wager some cash you'll be smiling with FXP as well. Sounds like a good stack play, SKF to a depressed FXP. DO you play any of these in a Roth?
You Raped profit, so Rock on
Cannabix Technologies and Omega Laboratories Inc. Provide Positive Developments on Marijuana Breathalyzer Testing • BLO • Jul 11, 2024 8:21 AM
ECGI Holdings Enhances Board with Artificial Intelligence (AI) Expert Ahead of Allon Apparel Launch • ECGI • Jul 10, 2024 8:30 AM
Avant Technologies to Meet Unmet Needs in AI Industry While Addressing Sustainability Concerns • AVAI • Jul 10, 2024 8:00 AM
Panther Minerals Inc. Launches Investor Connect AI Chatbot for Enhanced Investor Engagement and Lead Generation • PURR • Jul 9, 2024 9:00 AM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM