Correction coming? See inverses UVXY TZA SQQQ

Next week, we should be worrying about rates and "the valuation of long duration stocks" again.

10 yr is past 1.6%.

 

Add taxation to that. OECD reaches deal on corporate tax after Ireland agrees (cnbc.com)

 

Daytrading the bounce here UVXY TZA though challenging since whipsaw market.

 

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Did cut a loss on TZA, but still in TWM;
profits on XLF, DDM. Actually i was reasonable sure XLF was going up more, but i may get back in later\it has had huge drawdowns for cash ETF, LOL.
Global tax CNBC hype , not likely because US CPA's are among the best\may see a US debt downgrade, but thats over due for the past year or so.
Good OCT uptrend on SPY,spxl,UPRO.
QQQ, qld is down a bit for OCT.....................................................
Thats strange, LUV airline doesnt want to admit its pilots are not going to be forced into goofy vaccine jab. NOT really weather related like they claimed , other airlinesschedulesare OK

 

Crushed UVXY end of day run, that's one favorite strategy

Also traded OCGN ANY BBIG SOFI etc.... choppy day

Right re LUV will keep on radar

 

Just bought another 100 shares each TZA UVXY SQQQ FAZ afterhours /not a recommendation

 

And uranium once again.

 

Traded OCGN....

Just bought 100 shares o kold and 70 SCO to round things out... tiny shots so far

 

Doing great daytrading UVXY TZA also trading JNUG DUST

 

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I've got paper candlecharts on FAZ;
actually TZA+ TWM look better than FAZ on YTD[year to date charts].
SEPT+ OCT maybe , best historically to trade tza, twm .They're buying + sellin' XLF around 50dma\ glad i took some profits on XLF....................................................
NOT prediction,+ not going to stop reading Dr Suess some,