S&P 500
Long

New Bear Market? Heavy Tech Selloff

166
Today the markets were shattered by weakness in mega cap tech.

All major leading companies in the QQQ were severely down.

We saw the majority of the S&P 500 sectors green with health care leading the charge.

Despite all indices closing negative this was not a full fledge market sell.

Commodities were hit across the board. Gold, Nat gas, Oil, Uranium, Silver were all down.

It seems the market is de risking into J Powell Jackson Hole meeting on Thursday / Friday.

Today we closed out MSFT PLTR short & trimmed MSOS puts for over 105%

We were very active on the option and swing trading side of the market.

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