Stocks and the Election

[jakefest]

I was up very nicely yesterday. Like better than pre covid. I have a play account and others that are managed by someone else.

In my play account, I put in trailing stop loss orders on my entire portfolio yesterday before the bell. This is a nice pattern up right now. Today is down but not that bad. I'll ride it up if it keeps going but I definitely protected myself from a massive selloff which I absolutely see coming.

I'll leave my other accounts to the pros to handle.

Buy some of the 2-3x levered VIX ETF's.......(TQQQ, SQQQ, UVXY, VILX, etc) when the market is up and sell when it dips. I used to use TVIX as my hedge as you get really strong swings during volatile periods.

The VIX typically acts inverse of the equity markets so if you wake up and see Futures movement pre-market, you'll see strong movement on the baskets that have VIX related products.

They delisted the TVIX but I made a mint just trading that during volatility.

 

[jakefest]

Yeah. Part of a group that handles AM/PM for HNW clients - primarily individuals but a handful of private corporate clients too.

What platform do yo use for execution/OMS? Or do you hand it to a trade desk?

 

[BionicTiger]

What platform do yo use for execution/OMS? Or do you hand it to a trade desk?

We have multiple platforms and the ability to call a trade desk. Think I’ve done that maybe twice - during natural disasters. The trading platforms are handled by oracle.

 

[jakefest]

We have multiple platforms and the ability to call a trade desk. Think I’ve done that maybe twice - during natural disasters. The trading platforms are handled by oracle.

Interesting, had no idea Oracle offered ems/oms capabilities outside of the database.

Do you guys have Bloomberg terminals or do you use Refinitiv/etc for research, market data etc?

 

[BionicTiger]

Interesting, had no idea Oracle offered ems/oms capabilities outside of the database.

Do you guys have Bloomberg terminals or do you use Refinitiv/etc for research, market data etc?

Yeah. Multiple options depending on the trading being done - single/custom portfolio trades, block trades, and or model trades.

Thomson One (so, refinitiv) for market data/ticker service. Multiple research sources - third party and in-house research groups and some proprietary research/analytics.