Www.cnbc.com Anyone else trading inverses or looking to short if selling continues tomorrow? Here's my main positions Friday i held over weekend
Just bought 30 shares at 5ish, wonder if I'll get my $150 back lol. More interested in seeing if markets drop hard next week so I can buy more inverses, I'm just in 10k ish right now. May be a great time to short
Friday NFP numbers shall be interesting, along with the unemployment rate. Have you seen the estimates so far? -20 million on NFP? I think that is a conservative number.
Were down about 200 es since wed nights highs. I'd think shorts piling on and they try to bounce us soon. This has been very slow and methodical down. Those 3x are death if you hold when there going against you. Its highly doubtful we crash right off the highs without some bounces. This games all about odds as nobody knows.
Right... if futs are still red in the morning I'll scale into or out of some positions premkt, based on trend. If inverses end the day up I'll buy more into the close.
I think your ok to hold here for a little down. I think the real down if it occurs(the fed doesn't interfer) is sometime between July -Sept . In the next 4 weeks we'll see a few econ #'s come off the depression lows and thats enough hype for the street to excite all a v shaped recovery is here
Surprised to see the futures coming back off their lows. Right now everything is about opening up the economy, bulls better home any states opening up don't shutdown again or other states continue their locks downs because new lows will be coming quick.