Good Friday Closing News

So yesterday, there was nothing to look after since everything was closed.

I’ve said this in the past, but people always talk about how once you’re in the stock market, you wait for Monday-Fridays and dislike holidays. Now of course, I love being off work, I love having time to enjoy my time off and unplug from everything, but at the same time I’m so passionate about this journey that there‘s little excitement when the market is closed and I’m working from home.

So what happened Friday?

Well, two American jets were taken down by Iran. This will likely make the market shake a little on Monday, depending on what transpires over the weekend, though most people are speculating that the oil price will go up, the SPY will go down, VIX will go up and therefore the indexes will plummet. If this is true, it’s great news for my put option. Am I relying on that? No. Absolutely no, at this point in this war I’ve accepted that anything can happen.

Some people said that this was a government tactic, and it may have been. Someone on Twitter (X) said this isn’t an investors market, it’s a trader market. I think it’s both, you can buy stocks for a more affordable price right now, but the risk is they can and might continue to go down for a while. It’s a trader’s market, especially swing traders and options traders.

Some argue this is the worst the market’s ever been, to me, this is the best for learning. If I learn to earn profit in its current state, I can’t imagine the breeze it will be once it’s stable again.

Lastly, while my goal is to eventually use my trading and investing experience for income and to reach financial independence, I wonder how much I’d enjoy a career in finance. It’s intriguing for sure.

Not much to do this weekend other than monitoring the news and probably looking at finance jobs. We’ll see.