XLF 1

21 thg 10, 2018

Nice correction across all sectors, however I am fairly bullish off of strong economic data, and especially considering rising interest rates (great for the financial sector). Personally (not well justified) I believe the current unrest in the market is overblown especially for US equities. With BAC and GS also beating estimates and a large portion of the S&P500 reporting within the next few weeks (AMTD, COF soon) I believe underlying sentiment will be reset and the current worries will be swept under the rug. Not necessarily new all time highs but I see a fair margin of upside. Holding Jan/19 XLFc55, looking to close early-mid November.

24 thg 10, 2018

Ghi chú

Averaged down on Tuesday morning

25 thg 10, 2018

Ghi chú

Hurting after yesterday, holding, may cost average if we see positive earnings and more confidence in the market