The Grinch Who Crashed Wall Street... Santa Selloff

Chance that SCO goes to 32.60 by Jan. 31st basically rounds down to zero at this point. Ken's calls on Oil continue to be incredibly bad ( he's been saying short Oil with SCO at trend bottoms for a year running ).

 

And yet look at my others UVXY TZA etc. They'll likely hit targets by January 31st

 

Doubtful you expect big things to occur within 3 weeks when you have been tracking backwards for 5 weeks. Just to illustrate how bad your Oil call was you made it when WTI was $66.35. It's now $79.60 a massive move for a commodity which has led to new 52 week highs on numerous stocks I trade.

 

These are my targets.

 

You didnt need a pin to pop this bubble, its deflating on its own.

 

I'm curious how far it'll drop by January 31st : o

https://www.cnbc.com/2022/01/09/stock-market-futures-open-to-close-news.html

 

You're now underwater on all 5 etfs ( KOLD is going to gap down hard tomorrow and I expect that move has some staying power this week ).

 

The selloff is just getting started... TZA up the most so far.

 

Nice premkt drop in SPY.... I bought a bit of inverses premkt SPXU VIXY TWM etc

Bullish stocks, not recommendations, I'm looking at TLRY DKNG PTON F

 

TLRY was up pre market based on some bs earnings.