Thursday, October 31, 2024

msft spread

 went again one of my rules today

msft is not on bullish trend, ask the price has went under the 200 sma

but went with the spread, as i think the earnings result was good

and $380 is a good price

few months ago, the price touched $385 and went up again

78 days to expiry, just few days before the next earnings


i also wanted to enter HOOD spread

price was down 16% today

but i think i can slow down, as I have 3 trades now

if each trade, I lose $1k, that is 3k out of 5k gone

a market crash can make it happen

so i should slow down a bit and see how things go

there is still the usa election, that is happening on 5 Nov

so there may be more turbulence ahead


on another note, I am also thinking of investing in CELH

currently price is around $29

i thought about red bull, the energy drink that did very well long term

monster beverage too

the PS ratio is currently 4

and Adam Khoo bought into it too

the drink is different from others because it is said to increase metabolism, containing stuff inside the drink that is good for health

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