This afternoon's excitement kind of makes laughable "intelligence" culled from social media, as anything about anything evidently is easily planted. Then again, another not so veiled death threat coming so soon after last week's raises concern that, maybe third time won't be a charm. Things certainly are moving fast.
We have a conflict here, too. On one hand there's reason to believe the 4th and 5th waves of 5 waves up from last Thursday's bottom are still to form. On the other hand, $CPC and $VIX give every appearance the market is at risk of coming under pressure in a manner likely taking out last Thursday's low.
Yet the faint heart the Axis of Fraud displayed upon today's @AP tweet to al Qaeda's leadership might prove more problematic than relief over this evidently being a "ruse" otherwise appears to suggest...
* * * * *
© The Risk Averse Alert — Advocating a patient, disciplined approach to stock market investing. Overriding objective is limiting financial risk. Minimizing investment capital loss is a priority.Analysis centers on the stock market's path of least resistance. Long-term, this drives a simple strategy for safely investing a 401(k) for maximum profit. Intermediate-term, investing with stock index tracking-ETFs (both their long and short varieties) is advanced. Short-term, stock index options occasionally offer extraordinary profit opportunities when the stock market is moving along its projected path.
Nothing is set in stone. Nor is the stock market's path of least resistance always known. More often than not, there are no stock index option positions recommended.
There's an easy way to boost your investment discipline...
Get Real-Time Trade Notification!