📉 Futures Are Crashing - Here's the Plan to Stay in the Green
We knew this volatility would arrive, it is time to manage some positions ♘
First off…take a breath. We have known about this volatility. We know we are towards the end of the bull market (if not already there…at least in my opinion). You cannot control the market…just form a game plan ahead of time. Fortunately, many of our positions are up significantly, so even with futures essentially plummeting…we are in a better position than most.
Personally, I think the tariff’s will magically be removed, as President Trump already has meetings set with Canada and Mexico1. Most of his statements or executive orders have already been rescinded2 or met with massive legal roadblocks3…and my assumption is they knew these actions would essentially fail, but they are making their voters happy by going through the motions. As for tariffs…the backpedaling is my speculation and unfortunately I cannot guarantee they will be halted. Regardless of what happens the next few days, I will remain true to our golden rule…NEVER LET A PROFIT TURN TO A BAG 🎒
Here is my game plan. You may have different opinions or thoughts and are welcome to do what you want. And realize, that I can be wrong. I will be available in the chat and post any immediate changes there.
Positions as of 31 January 2025:
NET (+18.7%), larger position as we added to it
BABA (+17.1%), Hong Kong Alibaba stock is pumping
RBLX (+14.1%)
GE (+1.5%)
NVDA (-1.4%), short position expect this will be in healthy profit shortly…
BURL (-2.5%)
QS (-22.8%)