I feel a bounce...they need 8 straight weeks of gains... However falling oil prices is going to cause very big problems especially if it falls below 60. Im thinking of all the jobs and infrastructure that was going to be created with high oil prices...with oil down and out these projects are going to come to a standstill ...especially all those jobs in Dakota with the oil shale extraction going on.
$33.60 now $34.75 Don't you hate selling a stock and watching it climb to the stratosphere only hours later.. I really thought today was turnaround Wednesday ....surprised me
Have no fear, it's contract rollover, they row the index up and down to unwind positions. It will rally into the close GUARANTEED.
Honestly days like this are awesome ... You have so many longs that have gotten so used to one way that days like this they ponder how could this possibly be... This is what a real market is....keep the volatility coming. Spike the vix to 40 50 70...
Long SPXL at 84.70 Sell tomorrow at $86+ Only up from here!!! Also long SOXL from yesterday at around $133 Free money by Thursday and Friday