Will Financals keep going dow?
What do you guys think? Also you guys got any good stock tips right now. I am in a mock portfolio game at my internship and the winner gts a big prize. Any help is greatly appreciated.
options are doable as well :)
set up long straddles on all financials
short high-end retailers.. I think their upcoming 2nd quarter earnings will be well below analyst's estimates.
I expect most will squeeze enough out to make estimates, but they will give lower guidance going forward which will be equally damning.
Not sure what your time frame is for the challenge (assume end of summer) but SFI is a screaming "buy"
if you in a trading game, there is no reward for risk adjusted return, just absolute return, so you have an incentive to take crazy amounts of risk. during earnings season, look for companies with high volatility, buy the OTM short dated calls/puts (take a view), if some of them hit big you can make a killing even if you completely miss on a couple
Market is going to zero.
"Oh - the ladies ever tell you that you look like a fucking optical illusion?"
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