Vantage Data Centers Marketing Hong Kong Portfolio as Security Moves Centre
Stage
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Just over one month after Hong Kong passed a new national security law
banning unlawful acquisition, possession or disclosure of information
deemed to be...
2022-08-30
Meta Doomed or a Great Buy
I saw the twin inverted hammers on Meta yesterday and it gave me pause because that's sometimes a reversal candle, but then I see a similar (though not fully formed) candle on the S&P 500 Index, and if that one is correct, it's also a reversal signal but for the rally. With Meta near 52-week lows (less than a 3 percent drop here on Tuesday morning), I predict a break will be explosive on the downside. I change my mind frequently, but right now I am thinking to play this with weekly puts, every week, until the break occurs. Entries will be timed. My hunch here is big selling across the markets kicks in post-Labor Day.
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