A good week for vacation from the markets, it appears! We left off last week short SBUX at 98.00, TSLA at 252.50, and the intention to short ARKK at 52.50 which was elected this week. The SBUX is the star performer for me, the other two marginally in my favor.
I think we are in that market phase where some stocks go up, some stocks go down, the averages go nowhere. As we pass Christmas I expect a bigger downside correction more across the board. Best to everyone for the holidays. Wishing we trend toward a greater peace globally. Thanks for reading.
Joe
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