Boy that was a breath taking sell off.Hope everyone got in, that's the best your going to see till earnings start rolling in.
So easy make free money $$$$$$$$$$ buy any dip make free money choo choo free money train......Sunday night index futures open will be another gap up.
There is going to be a substantial selloff soon. Will be adding more short etfs all week long..... A majority of investors believe the stock market is in a bubble - and many fear a recession, according to an E*Trade survey https://markets.businessinsider.com...recession-fears-risk-etrade-2021-1-1029945009
One day an astroid will hit earth, don't know when, don't know where, don't know how big, don't know nothin' but I'm getting ready, the basement is packed with food, guns ammo, kegs of powder for reloading. Also, digging a bunker underground, so deep I've nearly arrived in China.
From June 2nd, 2020 : Ok, I took a look at these and holding them until today they are down 65.6%, 41.8%, and 52.7% respectively. At no point were they profitable from that entry point. Of course, you'd have to be crazy to hold these triple short etfs throughout but you seem to suggest you have. So when did you sell these positions ?
Still trading them. The positions do not make up a large percentage of my portfolio, last week however I added about 5% of my entire portfolio to QID and another 5% to SPXS. Like I said my retirement portfolio is printing me free money every single day. This week alone I was up just under 2%. At that rate I'll be up 100% by the end of 2021 so I can care less about how many short etfs I add to my trading account. Just imagine how many retirement accounts are literally printing free money, no worries at all. The free money will continue next week again when biden announces his spending bill which will be trillions upon trillions upon trillions upon trillions of dollars..... this should boost markets another 3 to 4% for the week. Free money is everywhere and it will last forever and ever and ever.
Just keep buying, the market can never ever go down..... Warren Buffett's favorite market indicator hits 13-year high, signaling global stocks are most overvalued since the financial crisis Theron Mohamed Jan. 11, 2021, 06:33 PM https://markets.businessinsider.com...vervalued-financial-crisis-02021-1-1029956617