Brutal.
I wish that I’d saved more capital to put to work, but I still have a bit not in equity securities. I’m wondering if I should sell my BND and put those $$$s somewhere with more upside potential. Maybe MP if this China trade war drags out. Even with MP hitting a new all time high while not making a profit.
AVAV has finally hit a near term top - but it’s still too pricey to draw me back into buying the shares.
I’m glad that we’re going into the weekend to perhaps let things settle down. But this violent of a pull back has me leaning toward more down side ahead.
I’ll probably just shut it down and wait for a less volatile environment.
I sold some cash reserved puts on RH yesterday ($197, 10/10) so I’ll be assigned those shares before the opening bell on Monday. After hours are up a fraction so maybe I can dump the shares next week. I’d rather not be in the RH trade for very long.