/biz/ - Business & Finance

OK bulls and and other people of BIG ideas. I finally finished Ciovacco’s video from Friday, and I am left feeling VERY bullish on tech. At the same time, I’m feeling very bullish on volatility into Powell’s speech. How often does he really manage to pitch it right through the strike zone?

So I need to know if I’m being retarded here. I’ve built a position of 17 (SEVENTINE) shares of TViX, as well as a few stakes in SPLV, MTUM, and . If/when Powell spoils the market, I’d like to take advantage by shifting the TViX into TECL, and then make a bigger position in both MTUM and SPLV. This is largely due to Cio’s study demonstrating that tech does well under market conditions that resemble our current situation. SPLV is largely a hedge, but also I like it, and MTUM is because I also like the big components of that, and think they’ve been overly punished as of late. However, I am ignoring defense and oil, which could be foolish considering the geopolitical climate.

I’m ignoring individual names because most of them are doing their own thing and don’t really trade with the market, there are limit buys already set up if we get a dip, and most of them are just heavy fucking bags that I don’t want to realize losses in.

Thoughts?