Saturday, August 10, 2019

Weekly: Wild week

It is a wild week in the markets. A manic Monday, timid Tuesday, wild Wednesday, torrid Thursday, capped by a fade on Friday. Major indices finish the week mildly lower. I eek out a small gain for week. 

This past week, Disney earnings were meh. I lose a modest amount. Some other pre or post earnings plays include SHAK SHOP SWK UBER. I take a loss on SWK Stanley Toolworks. UBER comes in with a mild disappointment, but I sold strangles far enough out of the money to profit.

It hasn’t been an easy market. I continue to be cautious. Next up is earnings for Deere, I am leaning bullish going into the event.

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