Tomorrow is GDP, Unemployment claims and durable goods. Plus, some Fed speakers all day - I said a few things in this weeks report (below).
The Nasdaq cleared that area well but if this data misses we break back down and in a hurry - I am not certain that we rally just yet and this is what makes positioning into high beta stocks a hard task - but, it’s what 90% of average investors do.
I don’t have feel on the number or what becomes of it, not the game/strategy I play but I did start a short on CVNA 0.00%↑ today that is small and if we miss on the data tomorrow I probably get short some beta.
I also sold out of INTC 0.00%↑ today - picked that up last week and talked about it on the article of the week. That was an easy +15% there on the equity.
Another free roll idea for those paying attention.
Dan