Dale Rex Doust @Trex8u247: "Good day everyone Here is an..."

South Africa

Good day everyone Here is an update on the portfolio. Never good to see all the red, however, I am not too worried as I have available cash ready if we need to hedge any of the trades. Current trades open - ( BUY ) $AAPL (Apple), $AMZN (Amazon.com Inc), $GOOG (Alphabet), $MA (Mastercard), $NFLX (Netflix, Inc.), $RSG (Republic Services Inc), $SPX500 (SPX500 Index (Non Expiry)), $SSO (Proshares Ultra S&P 500 ) $TSLA (Tesla Motors, Inc.) ( SELL ) - ( ORDERS ) - $NVDA (NVIDIA Corporation), Quick recap: $AAPL (Apple) - Still in an upwards trend, I would like to see a new higher high soon. $AMZN (Amazon.com Inc) - It has broken support around 220.93. It seems to have bounced off a weak support line, but if it drops below the 200.85 area, then we will look at hedging the trade. $GOOG (Alphabet) - In the day chart, we see the start of a change in trend. Now we just need to see if the weekly chart is going to follow before hedging $MA (Mastercard) - This is looking good just waiting for the breakout above 571.63 $NFLX (Netflix, Inc.) - The movement has pulled back but no signs of a trend change yet. $RSG (Republic Services Inc) - Looking good just a little more till TP around 238.95 $SPX500 (SPX500 Index (Non Expiry)) - No change in trend yet. Will have to just wait and see how long this pull back lasts $SSO (Proshares Ultra S&P 500 ) - hoping this stays above the 92.61 area. $TSLA (Tesla Motors, Inc.) - This has changed trend and has broken the 200EMA on the day chart. It's sitting just above support 278.50, however I don't see this holding. I will hold the hedge till I can see a good movement that can help us get out of the drop. Let us see how long this Red lasts. So as always Feel free to ask me questions. Regards Dale