October 1, 2017 | Profiting from Getting in Harm’s Way

The broad averages proved nearly untradeable last week — a series of tiny daily gains punctuated in each instance by a nasty swoon. DaBoyz were clearly intent on marking up stocks to end the quarter, and woe to any bear who got in their way. We did, very briefly, with very tightly stopped shorts in DIA and the E-Mini S&Ps that allowed us to test the water without risking much. My E-Mini S&P tout for Monday advised a short that has triggered Sunday night. There is a $200 gain per contract in the position at the moment, so night owls should check my latest update for further guidance.
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Rick Ackerman October 1st, 2017
Posted In: Rick's Picks
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