SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Bear!
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sean Collett who wrote (210)4/19/2024 4:15:21 PM
From: Sean Collett   of 261
 
Closed my puts with some very good gains. May be early on the overall move but bear sense kicked in, and I listened, so overall not too bad.

Since it kicked in on April 5th we have seen:
S&P drop 4.6%
NASDAQ drop 5.9%
Russell drop 6%
DOW drop 2.4%

It's likely we have much more room to go at this stage, but not worth the risk going into the weekend.

Interestingly enough the AI fueled train seems to have seen some big moves since April 5th too:
AMD down 14%
SMCI down 24.7%
NVDA down 13.4%
INTC down 11.7%

SOXX ETF down 10.5%

-Sean
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News