I don't believe people can predict the future, but I have an strange story. So a friend of the family went nuts in the last 6 months. Started talking all this crazy stuff about talking to dead people and we kind of distanced ourselves from this person. Anyway, come to look at this persons facebook post recently and they said a 9.1 earthquake will hit on Sept 5th in LA. I said "Whats going to happen when it doesn't happen?" Anyway...I then see a youtube video from that mentally retarded kid Frankie MacDonald, who predicted the 7.8 New Zealand Earthquake 3 weeks before it happened in 2016 and he's predicting a 9.0+ earthquake in LA in September 2020. Quite a coincidence and I found it odd they were both very specific predictions in the same place at the same magnitude at the same time. But lets say you wanted to trade this. What would you trade for maximum return with minimum risk? Buy SPY puts $20 out of the money for 8 cents a week out? I say buy them a week out because you just need to hold over the weekend so you can immediately sell on monday should no earthquake hit and maybe get 5 or 6 cents back. Or is there a better trade.
Go short insurance companies. Go long: lumber, hardware stores, camping equipment, grocery supermarkets.
I think such prediction don't matter because the big dogs will b getting ready to counter whatever people like you throw. They call the shots here, not the events.
%% I had an uncle about 50% crazy/never could predict much of anything.Dave Ramsey said any family has a crazy uncle that belongs in the basement. Long qqq/some tqqq still looks good; sept usually pulls back 1%======= late sept.Not crazy/not a prediction/LOL
Just like Notradamus. We find what fits the narrative, and then tell the story and claim the predictor the true guru. How many seers' stories never were heard, because they were wrong after the fact? Anyone ever do a study on that?!? I didn't think so. The video analogy here fits in my head for the above, for some reason.