I don't think so, you are going to get the same thing again, a quick down 2 , 3 4% and then historical highs just like August and September...its the same thing again and again. This time China is completely immune as they are handing out free money to buy stocks, literally. They are handing money out to buy stocks.....they will do that again here if their is another collapse.
vix gonna epic spike for a week nov 4 give or take two weeks. volatile election vance talked well in debte
2 weeks ago I sold puts on the UVIX at 4 expiring this Friday, was a great trade as the UVIX has trended up since I sold the puts .... Want to sell more puts at 4 but the credit isn't anything too great until the UVIX starts trending down. I hope the vix spike to 30 plus so I can add in some volatility shorts on UVIX and VXX Last time I shorted UVIX at 5.50 or so and covered at 4.50. Will gladly short UVIX again, this time hopefully above 6.50 and even 7, maybe this Friday after the jobs report.
good topic, agree im thinking 45-50… main thing is to trail a manual two-exit s/l to sell on the way down after spike
I laugh at anyone that actually thinks this market will go down. V force is real and way too powerful
Tomorrow expect major volatility with job numbers. Could move markets 2% .... And that 2% move will be an 88% chance of markets moving up NOT down.