one of my traders told me about FNGU, great chart. i bought it, SOXL DIS AAPL MGM DRI YUM CAT today (+GRWG SNDL HEXO). I'm buying long into the rally. markets must therefore crash soon lol
Be very careful buying at this price. The market will surprise us with a quick correction. Just be patient.
Good point; if they drop I always scale out at 2d lows, in at 2d highs. Just entered v small size to start. wish id bought them a year ago
@Ken, thanks for sharing ^^^ I like this .... more homework have you also looked at FNGD EDIT: worth mentioning https://www.splithistory.com/?symbol=fngu https://finance.yahoo.com/news/bank-montreal-announces-split-three-231100522.html
@Ken, I did a comparison of the leveraged & inverse pairs https://www.splithistory.com/?symbol=fngu https://www.splithistory.com/?symbol=fngd as a long term investment equal dollar value in each one, could this be a win-win. or short FNGD & watch for the next reverse split in the $2 - $1.50 range other pairs FNGO/FNGZ
From March 18th : SPX has risen 5% since; you really needs to stop posting these pointless warnings about some impending correction. Chance of a correction right now is LESS then the average chance of a correction of any random day the last 11 years.
U.S. producer prices surge in March PUBLISHED FRI, APR 9 20218:56 AM EDTUPDATED FRI, APR 9 20219:12 AM EDT U.S. producer price index rose 1.0% in March, vs 0.5% increase expected U.S. producer prices increased more than expected in March, resulting in the largest annual gain in 9-1/2 years, fitting in with expectations for higher inflation as the economy reopens amid an improved public health environment and massive government funding.
You are right about my warnings but it does not mean I am not making money in this rally. I shorted VZ at 58.80 and I also selling out of the money PUTs at the right prices and if the market drops, you will be in trouble but I won't.