This is a simple follow-up to a plan I’ve followed for years.
Work Overnight & Sleep Late
The markets bottomed out before Europe opened. That’s not the first time a scenario of this nature emerged. Winning is important, and that’s what happened.
Rubio delivered a winning message in Panama.
Mexico supplied troops to the border.
That’s a pretty good start from where I’m positioned.
What I Did
I’ve learned that in a Trump world, Friday news and action are good. I’ve also realized that you must be quick and nimble, backed by a plan. This is what I did in the very early morning hours.
Covered short call position and sold long puts in Microstrategy (“MSTR”).
Sold at the money naked puts in Amazon (“AMZN”), Boeing (“BA’), Ford (“F”), and Nike (“NKE”).
Went to sleep.
I wonder what Trudeau has up his sleeve. I loved living in Canada, but it was obvious to me that they did not trust Americans. It was also obvious to me that the plutonic “woke’ world they were creating would fail. It has, Canadians know it, and can only hope that what they call an economy can survive.
All Trump needs to do now is wait. This story, along with taking control of Greenland, is over. Winning is opportunistic when the outcome is verifiable.
It was a simple move. The herd will never get it right. Hedgers and true investors are aware of this. They are planners. Sure, you are going to need a plan to be successful. In retrospect, you are going to need to stay up at night. I’m one to involve the foreign markets more than others. it’s a habit I learned decades ago, and it works. There are a few things the Europeans do better than most. When it comes to debt and currency, they rule the world. Keep that in mind the next time you sleep.