Idea Xchange - sold out of Macys here - Idea Xchange - InvestorVillage
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Msg  2715 of 2794  at  1/8/2020 1:31:33 PM  by

velocity_capital


 In response to msg 2712 by  doomonyou
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Re: sold out of Macys here

I raised a lot of cash today. Was heavily invested with some ITM SPY puts. Q4 of last year was one of my better ones ever. I'm seeing signs of pumping all the bubble tech stocks for selling sometime this election year. Think this could be similar to 2000.
 
I'm still concentrated in a few trading positions (AAPL, GOOGL, AMZN, FB and bought TWTR today). I wouldn't be surprised if today was more a top that a kick off. TSLA going up like this smells of running out the shorts. I do think their numbers are good, though, but their rev growth story is coming to an end.


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