Gotta love ZERO RISK in the SP500 = $$$

Rally fading big time in the Nasdaq...almost red after a huge opening....

Went long more UVXY at 48.50

 

$51.05 piss

 

IBB -3%

biotechs were leaders on the way up and now the leaders going down

 

4.2%!!!!

march 2000 all over again

 

In LABU on the huge 20% dip....in at $21.35.....

Sell $28-$30


Bio sector is getting creamed this week....

 

LABD was $30 on Monday

Today $47++++

Wowsers

 

$51.39

 

IBB -5%
XBI -7.2%+

 

IBB -6%
XBI -8.3%

TOTAL COLLAPSE

 

It feels like a bear market, but those glam tech stocks have kept me more cautious than I normally would be (from a technical perspective)...I'll add CMG to that list, it just sits perched in the 700's...AMZN has doubled from the Jan lows and still sits near all-time highs...it's just a very bizarre market in many regards.