Gotta love ZERO RISK in the SP500 = $$$

out at 365, -55 points

 

Sold QLD and MIDU this morning

Now in TZA, FAZ and FNGD

 

long 425 ym, 150 point stop

 

2793-2806 touch probability has increased greatly


Probability is also heating up for a SPX touch of 3063 this year

 

Care to motivate?

 

It's still early but 350 + or - from ~2700 would be the zone

 

He may have meant that touch probabilities increase with value of VIX or other volatility measure.

 

Futures tanking....if job numbers aren't swell tomorrow the markets could easily see a 2%-3% drop!!!


Only news I could find was this

Trump asks US trade representative to consider $100 billion in additional tariffs on Chinese products
Chloe Aiello | @chlobo_ilo
Published 14 Mins AgoUpdated 2 Mins AgoCNBC.com

 

I really do think Trump is trying to tank the markets so corporations can buy back there shares on the drops.

 

More buyers than sellers