This was an excellent week for OPNewsletter when compared with broader US markets. All the mini-portfolios are positive and overall returns are 11.6%. vs 1.1 % on Jan 18th close, OPN portfolio grew 10.5% for the week closing on Jan 25th. A bonus trade for OPN (DXD straight calls) were also shared with subscribers that [...]
Unless something miraculous happens tomorrow, prepare for a down day. Probably a big one. As of this post’s writing, US futures are down over 400 points! Asia’s pain first:
Start performer India’s Mumbai Sensex down 7.41%. At one time it was down over 2,000 points i.e. nearly 11%.
China’s Shenzen down 5%.
Hong Kong’s Hang Seng down [...]
Contrary to popular belief, January hasn’t been forgiving for stock markets so far. Dow lost 4%, Nasdaq lost 4.1% , Russell 2000 lost 4.5% and S&P500 lost more than 5%. What a week! Especially when one looks at all the high fliers, ah. No one could have imagined so much pain just a few weeks [...]
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