Not Short, But Sweet-Quick Update

Posted by Joe Duffy | Sep 15, 2023 | Joe Duffy's Trading Advantage | 0 |

This update will be pretty brief because the market has sent my message pretty definitively. I was emphatic to not be short, and the opportunity was highlighted to participate on the long side. That opportunity hasn’t run its course by any means in my opinion. Friday is triple witching with futures and options derivatives all expiring. That could lead to some exaggerated moves, but it doesn’t have to. As I look ahead to next week, I see higher prices. All dips are still buying opportunities. I expect participation to broaden in the market. I will go over some more specific names in the update for Monday and next week.

Thanks,

Joe

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Joe Duffy

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