Excellent questions - fading semis on tsm gap down, if soxs goes up - exit targets based on 2-3 week ranges - right re 2d hod/lod ranges for swing entries - uvxy bc vix overdone, high expectancy of vix up soon, >22 - thesis rationale for bear bias this time combination of hot cpi, today mkt inside narrow range up bc strong retail, but big picture macro looks bearish w inflation
How did you do? You must've made a killing today with the Bullard fucker coming out of nowhere talking s*** about raising interest rates by 50 bp. The fucker is not even scheduled to speak today and he's not even the Fed chairman. I made a loss today. My long was totally decimated within the last hour. Unreal!! LOL
Nailed it with UVXY SQQQ SOXS but took sl in boil. Holding 1k uvxy overnight. Right re out of nowhere move, worked great for inverses. Sry to hear re stops, I would've had red day too if not for happy ending move.
UVXY end of months starting September : 12.85, 9.81, 7.52, 6.88, 4.91 Currently 5.18 which is supposedly meaningful . Reminder Ken's previous calls were : 11-13 target when it was 7.7; 20 by Dec 31 when it was 11.