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Patrick
2017 Mar 6, 5:40pm
Target doesn't seem down all that much, still within the range of noise. If you take the really long view, still looks pretty good.
Target doesn't seem down all that much, still within the range of noise. If you take the really long view, still looks pretty good.
It's all perspective I suppose. If you take the really long view on a high percentage of stocks they all look pretty good these days.
I guess there's only one way to find out who is wrong or right in the near term... I'll buy some short term and mid term put options for a number of retailers and see how it pans out.
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Hi @patrick,
I was wondering what your thoughts were in terms of profiting from the downturn of the stock market/economy that is looming. I'm extremely bearish on all retail (especially retail stores in which more than 80% of their goods can be found on Amazon for cheaper). I feel like buying put options might provide some decent value if timed properly.
Thoughts?