Tom & Dylan are back for another segment of Truth Or Skepticism! Check out the sneak peek below!
Tom & Dylan discuss the recent rally in the S&P and what Tom makes of it. Tom explains how the probability of touch for this move was 100%, which is why he's standing pat. He goes on to explain the difference between this same trade today vs. two weeks ago.
Dylan wonders if different commodity sectors are still worth getting long. Tom explains why he's a buyer of all dips in resource stocks, and reveals how he's getting long.
Dylan brings up how people love betting on superstar stocks like TSLA, NFLX, FB, etc. He states that this is good for liquidity. Tom agrees, but is sure to not zoom in too hard, as overall market awareness is more important when it comes to decision making.
PASSIVE & ACTIVE INVESTOR SIMILARITIES
Tom tells his silver bar buy & hold story, and admits that if he would have sold puts instead of buying the silver bar he would have made infinitely more money. Dylan relates passive investing to active investing in the sense that both parties agree they cannot predict the future, but they take different actions because of that notion.
Remember, this is just a sneak peek! Check out the full segment below:
Interested in watching more episodes of Truth or Skepticism? Watch them here in the archives on tastytrade.com!