It did skyrocket during middle of day right? But from what i heard and read, Bernie populist messed up. The old fart has idea of economics, probably never traded a stock in his life and purely driven by emotion. I mean some of his ideas are good, but he takes it too far.
California unemployment said to be spiked to 1M last few days usually it is 22,000 per day. How is other states? Any intel?
My overnight TVIX gapping up, just bought small size SQQQ VXX https://www.cnbc.com/quotes/?symbol=TVIX&qsearchterm= Will scale up if they go up more. Go bears!
I got stopped out on TVIX SQQQ VXX but had wins in TQQQ SVXY. Looking to rebuy inverses if they bounce. Interesting mkt gets buying with 3m unemployment number
Now I'm in a position that I don't want to be in. I have 2628 shares of SPXS. Lost 11% so far today. Also, long-term prospects are that stocks will go up when virus panic is over. I was really hoping that jobless claims report was going to move things down. This wiped out all my gains from this week and then some. Maybe I should have put a stop-loss. But then again, maybe it will gain tomorrow! Either way, I'm stuck in a trade longer than I wanted to be.