Ok in addition to daytrading UVXY TZA etc I'm now starting to size up on swingtrading too. I've been in just $8k - $12k or so worth of inverses this past few weeks. Now I grow a pair Finally the market looks ready to sell off strongly. Today October 6th I'm going to call a likely excellent time to enter swingtrading entries UVXY TZA SQQQ SDOW SPXS SOXS FAZ in my accounts, if they close strong. My official bottom call for those. Not a trading recommendation. UVXY 24.47 now premkt. I fully expect it to double within 8 weeks. I'm transferring additional $ into my fidelity accounts to size up. Favorite inverses are UVXY TZA. Period. #gobears
Are you out of your mind? FINALLY? The market has been selling off for 5 weeks. Why now does the market look like it will sell-off strongly? By what metric? The NAZ sold off 7% in a month. The SP about 5% in same timeframe. Be careful, dude. If the shitfucks in Washington reach a deal on the debt limit thingy, the markets will bounce like coiled spring. What is it with these bears? #gobulls. We bulls have music to back us up, man. So bugger off, mate! Learn to play that song on your sax. You will become a kindler, gentler soul.
Financial news is rotting your brain friend. Debt ceiling is political theater. Sooner you quit paying attention to economic data the better off your trading will be.