Coming Aug 29th: Black Monday or Bounce Monday?

The market will continue to trend down until the Fed relents, which a week ago Powell made very clear will NOT happen unless we get substantial inflation decreases soon.

 

Hey Ken - what do you think of a buy and long term hold strategy (maybe 6 to 12 months) here Sept. 15th on SOXL? I read about decay, etc, etc, but what you think?

 

Wish I could help, but 6-7 days is my idea of a long-term trade