$25K Trading Challenge (Day 061) – Is it Almost Game Over?

Video Summary

In the current investment challenge, the goal is to beat the total stock market index fund. As of March 31st, the total stock market index fund has risen 6.9% or $174 from its starting position of $25. The author is currently up 43.4% or $10,849 from the starting account balance of $25,000. The author holds 14 call contracts, including a recent addition of a call contract on Home Depot, which has a projected price range of $320-$330 before resting again. The author believes Home Depot’s fundamentals are strong, with a 25 P/E ratio, indicating a reasonable valuation. The author also holds other positions including Apple, Walmart, Costco, and defense contractors, which have been trending upwards. The author thinks April will be a good month for these stocks, citing historical data on April being a good performing month for the stock market. Additionally, the author mentions a theory called the “Easter Rally,” where certain retailers, including Home Depot, tend to increase in price around Easter due to summer and holiday sales. The author believes that by holding these positions, he may hit his target of doubling his money by the end of the year, which would put his account balance at $50,000.


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