Who else thinks a Correction or CRASH may be coming? My top call #2 1/9/2021

Well americans made their bed ....now they got to lay in it. So does wallstreet.

 

I am sure the hedge funds would get more tax loopholes exempting them from their buddy politicians in Congress. Any increase in capital gains taxes probably, will hurt average joes trading or investing in the US stockmarket. Those filthy rich and can pay for tax loopholes, have nothing to worry about.

 

Could be could be. Nevertheless, now the average will have to drink the dregs from a bitter tea.

 

Should i consider selling ES or NQ in case of a crash scenario? It would give me more leverage as inverse etfs but the risk would be much much higher.

 

Yes, it might drop by the end of January. There have been some assumptions

 

VIX up today. Too much fear in the market. Everyone is short.

 

Right re VIX up early; big drop then bounce in S&P was exciting... UVXY nice breakout.

 

uvxy way up, im buying inverses again soon premkt



spy down

 

I'd btd and get long FAS right now at $60 and change.

There were a lot of short positions opened in the last two days on the S$P. Once it starts up, they'll scramble to take the profit.

EDIT: UPRO @80
Not the financials.
I never trade these 3X things.

Edit 2: But I think I will today.
Gonna wait a few to get long that thing though.
Big support around 379.60ish

 

i bought faz etc, scaled into inverse swings a bit (2 accts). watch vix/trin/uvxy today

current weight = roughly 15k in inverses, will scale if they go up l8er in week