Uvix did get destroyed yes but the rally was absolutely phenomenal for anyone who was getting under 10 dollars the last year. With extreme complacency a little patience on the vix and you could score giganticly.... I'm short VXX at around 90 a share and as it falls I'm selling calls on it in another account ..... I also have sell puts in UVIX which I did get at 9 and rolled down to 8 with a sizeable credit so even if I decide not to roll again I'll be at a cost average at around 7 a share...im not worried since my retirement account keeps printing money each day markets keep moving higher and higher.
Tomorrow with CPI expect more free money. As I said markets would be up an easy 2% and wow did the nasdaq show its true colors, up more than 2%, get ready for another super green Wednesday. As soon as CPI data is released markets will print more free money once again.
ET permabear losers keep shorting the market right here in this thread since 2007 and giving me all their money for 17+ years now.. hahahahahahahahahahaaaa I love FREE money 100% up room to go with ZERO risk baby $$$
I'd really love some more fake selling "panic" to suck in more shorts so we can crush their dreams and have them give me all their money
In 20 mins futures surge again. Expect another 1.5% to 2% catapult. It's unlimited free money!!!! Cpi will come in exactly where they want it or even 0.2% under forecasts, this will skyrocket markets on anticipated 50 basis point rate cut in September!!
another day............. another gap up open.................another day............. another gap up open......... another day....another gap up open...... yawn.... so easy even an ET permabear can do it
Green as usual. Early August drop was the last opportunity to buy, markets will print money day after day for the next decade. So if you missed buying that dip last week you are out of luck. S&p never dropping below 5200 again!!!
So much for getting a drop this week. Today is the weakest/ fakest red day ever. Every dip being bought so damn fast. It’s incredible how quickly the market flipped again where all those bearish algos are gone and might not be seen again for a long time. Today is the only change the bears have this week before the bulls throw a massive V in everyone’s face. This is going to be a 4/5 green day week with today being the only red and it will barely be down.