Inverses for February selling: UVXY SOXS SQQQ

Discussion in 'ETFs' started by KCalhoun, Feb 15, 2023.

  1. KCalhoun

    KCalhoun

    These may be good day and swing trades if selling continues.

    Light now, will scale especially UVXY if it spikes today.

    Tip: when UVXY is in top 10 most actives, as it has been lately, it's often a good buy.
     
    qwerty11 and murray t turtle like this.
  2. No entry time, no price, no targets, no stops, no track record, no execution = no interest.Not this same old junk.
     
  3. What you thinking might cause a route today Ken? Some potential news, or you seeing something in the charts? Feels like chop to me.
     
    murray t turtle likes this.
  4. KCalhoun

    KCalhoun

    tru re chop day so far..

    my swing trading plan (not a recommendation):

    UVXY long > 5.05 initial sl 4.7 scale in 5.3 target 8

    SOXS long > 20.2 initial sl 18.8 scale in 21.2 target 26
     
    destriero likes this.
  5. destriero

    destriero


    I don't think you're receiving all the quotes to make an informed decision. It's probably that Big Island IP proxy server connection. You should go back to dial up.
     
  6. destriero

    destriero


    WTF is a route? You mean a route to the Big Island Proxy Server Office for Fake Vacationers?

    Oh, rout.
     

  7. Hey you fraudulent fat thing, less fraud, more exercise.
     

  8. Good point. I was definitely NOT talking about the route your fat self takes to the store every day to load up with cake and ice cream, fat thing.
     
  9. %%
    I looked thru Warren buffets stock list, as noted on IBD website;
    not interested in about 90% of them. OXY , CVX, BAC/AAPL looks interesting, but i like things that move better than sqqq + those this year.
    I likedQLD more than AAPL even though i cut a loss on that ETF last
    XLK looked like real good uptrend/ but turned out OK; may not have time to do that again.
    SOXS, smh, soxl making some good moves.
    Doing more single stocks;
    may do AAPU, even though its not near as liquid or readable as AAPL:caution::caution:. May not do AAPU.
    i dont need no rockin chair\
    Geritol or your Medicare;
    maybe older/ but not impaired-G Jones > 2,177,999video views:D:D:D:D:D:D/:caution::caution::caution:/:caution:
     
    KCalhoun and Darc like this.
  10. Ok, it looks like your entry on UVXY is around previous day's high and initial stop is around previous day's low. Sounds reasonable for a swing trade. How did you determine your targets for UVXY and SOXS? Your targets don't seem congruent.

    What is your thesis for your trade ideas?

    For a swing trade time frame, why UVXY, considering UVXY's nature? Wouldn't an inverse SP500 ETF have greater expectancy than UVXY over a undefined swing trade time frame?

    Given that AI is red hot right now, why are you looking to fade the semiconductor manufacturers? Especially as 3nm is expected to be coming online soon?
     
    #10     Feb 15, 2023
    KCalhoun likes this.