I'm in and it's heavy. This trade is the obvious run to the USD safe heaven bc of coronavirus and the current economic recession.
Obviously airlines are in trouble. I'm short @ 141. I'd target the lows below $100 per share but Boeing is really in trouble here.
I don't recommend taking a huge position on this stock. And once you make decent profit, get the hell out. But this stock has been a favorite in the bio-tech space and the price suggests a rally could be coming soon. It can also be considered a hedge against the stock market during this pandemic. I'm in @ 1.07 w/ no stop loss. A risky and small position.
This trade is obvious. I’m short @ 2.5 and my stop loss is 2.8. Other exposures: include bids on the US dollar vs several pairs. Especially, GBPUSD.
I shorted silver @ 14.10 w/ a stop loss @ 15. I think China is still struggling and you can see the continuation of prices falling for the Australian Dollar. Other exposures include: shorting AUD/USD.
I don’t care much for Saudi, OPEC, etc... What matters to me is that I see oil trading at 20 dollars a barrel. That’s cheap as hell. I’m in @ 20 with a stop loss @ 15. Other exposures related to this trade: bought CAD & NOK.