How To Navigate The Market Plunge

Posted by Joe Duffy | Feb 14, 2024 | Joe Duffy's Trading Advantage | 0 |

Valentine’s Day massacre? I doubt it. I think Tuesday low may have marked the low for the week.I like some stocks for calls, but not chasing any gaps higher. So with that caveat UBER, OXY, DKNG, AMD. Lots of option positions to be unwound this week which could exacerbate the trend in either direction, but my money is on higher.

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Still holding MARA from $18 with massive gains. The two day Monday Tuesday correction was small, but enough to let the air out to set the stock market up for higher I think.

Thanks,

Joe

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Joe Duffy

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