Community Callouts

[The_Ni]

Grabbed some UUP 27Ps for $0.15 and 28Ps for $0.36, based on thesis that USD weakness is upon us:

The Think Tank: Macro Discussion and Opportunities Brainstorming

We may be seeing the correction on the USD. It’s been exceedingly strong, partly because of the comparative strength of the USD vs the rest of the world, and the potential for aggressive rate hikes. With recession coming and fewer hikes on the cards, looks like it might finally be cooling off now. This will have all kinds of knock on effects, such as providing tailwind to stocks as they become cheaper to international funds, but in and of itself, we could see a decline in DXY. Or UUP, if one wants to play via an ETF. [image] Have put in some buy orders for 9/16 UUP 27P and 28P.