Geopolitical risks and Russia-Ukrainian tension remains elevated. Just witnessed the biggest volume surge in gold futures expiring April 2022. Commodity boom always ends with a gold rally after oil and other commodities.
When boomers hear about rising gold prices in the coming months, Tomei will beat their quarterly earnings eventually. I don't believe the statement that Tomei cannot benefit from higher gold prices. When crypto prices fall, young people are going to learn their lesson and load up on gold. Short Bitcoin and long gold
Guys, I am so disappointed today. I bought a lot of put contracts in Yandex and a few Russian stocks which expired last Friday. If only I bought put options expiring this week, I would have made around 1,500% factoring in the low IV and option delta. I was going to pump all the profits from shorting Russian stocks on MoEX and Nasdaq into Tomei.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Icon 888
2,301 posts
Posted by Icon 888 > 2022-01-31 01:21 | Report Abuse
Massive drop come la.. 20percent Sharp drop