Giving VIX two weeks to hit 30. Right re tue CPI and Wednesday FOMC Powell will be what moves markets. Should be choppy af Monday, then volatile 8:30 tue cpi
He's constantly chasing moves instead of anticipating them. This CPI print was very easy to forecast, yet he took short positions ahead of the news which was lunacy. Long UVXY has been a bad play since mid-October, yet it's still his main go to play he just keeps hitting it against trend. UVXY down 9% premarket there was no escape from that bad purchase yesterday.
LOL what is Ken right about today except nothing ? Yet he claims he's right, what a joker. Here's what went down with Ken. Takes a large overnight position on UVXY and who knows what other shorts. Get's absolutely throttled on news, -9% immediately. Now if he uses stop losses guess what that 9% is gone. Claims last night if the news turns Green he'll go leveraged long. So now he's claiming he changed his mind at some point. There was no viable trading plan here.
Gotta give Ken credit, he stuck his nuts out there knowing there were the usual suspects waiting to sink the boot in.
He deserves no credit: he is a nasty hostile person that often uses profanities, obscenities, sexual insults and childish comparisons as he posts no actual trades, performance or accomplishments except for self-promotion and congratulation and oh yes, his trade mastery.