Direxion Small Cap Bear 3X (TZA)

[Bountiful_Harvest]

[Bountiful_Harvest]

Options were dirt cheap last week. Now they're more valuable than gold.

[Bountiful_Harvest]

https://www.financial-reality.com/post/trapped-by-moral-hazard

$TZA

[Bountiful_Harvest]

https://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=TZA&insttype=Fund&freq=1&show=&time=8

[Termite7]

I was wrong, BTW....


What I saw as a temporary "dip" in the chart was actually a leg-down....... ETFs don't normally have "leg-ups" after "leg-downs"...... Oh well....

[dealerschool2006]

go for it...too late for me...

[Termite7]

I can see $18 or $19 by Friday or Monday.....

[dealerschool2006]

my $TZA options expire tomorrow...so I really don't care anymore...sometime there will be a correction...looks like there wasn't much of one last month...

[Termite7]

Turning sharply upwards now.....momentum??? .....Thanks!!!

[Termite7]

I'm just saying..... run??? ....Thanks!!!

[Termite7]

Are we going to $22 by 07/19??? ......Thanks!!!

[dealerschool2006]

Bot TZA July 19 $22 calls @ .55 underlying price was roughly 18.80 ...Tuesday, June 04, 2024 9:45:44 AM

[Stern is Bald]

Is it TZAs time to shine again?

[rooper222]

In at 22 with 300 shares. Thinking about adding 500 more. Rates will continue up since everything is HOT. I'll be out before Q3 numbers which will continue to be hot since prices are up.

[Stern is Bald]

Powell about to lay the hammer down with rates…

[Stern is Bald]

Hell yeah TZA here we goooooo…

[dealerschool2006]

Fed also has been liquidating its assets from the markets as well...https://www.yardeni.com/pub/peacockfedecbassets.pdf

[Stern is Bald]

This is just the beginning… a dead cat bounce… reality with earnings set in soon and the fed won’t support the market with cash inflows and low interest rates when the drop happens… in fact they are intentionally causing it…

[dealerschool2006]

was enjoying market selloff earlier today...not liking the rebound...but we're not in 2023 yet...so lotsa room to go for $TZA...

[Stern is Bald]

Loving TZA right now...

[Stern is Bald]

Tza went down today but the shit storm is about to start next quarter…. Expect tye S&P to drop to the 3000-3300 range then a move back to the 4k range

[dealerschool2006]

looking at $RVX between 03/29 04/21 almost looks the same between 11/15 and now...I'm still in $TZA waiting for 13 more days until 01/03/23 ...

[dealerschool2006]

I bot back in Nov right b4 elections when $TZA was 33... held it ever since...anticipated eoy capital loss harvest season like back in 2018...

[bbcars]

Loaded with 1/20/23 options...need to but some more 2023

[Stern is Bald]

Can’t believe this board is inactive… no one bought? This downside is just starting

[Stern is Bald]

yeah thanks to Chairman Powell - He's my boy!!

This is gonna dump next year and glad I held.... Powell has to bring the pain to get inflation down to 2-3%...

I knew this before the article but Ackman tells it straighter than most:
https://finance.yahoo.com/news/bill-ackman-fed-inflation-recession-225552079.html

Look for a 20% or more correction next quarter... than a fast upswing and i'll be in TNA then.

[starkd748]

Tna tza....Tza Winning could nt tell im sure now

[starkd748]

31.06 already already sold

[Stern is Bald]

What did you get in at?

[Stern is Bald]

Locked in at 29.33

[starkd748]

Broke the 3month downtrend looks good for next yr shorting small caps lol easy money

[Stern is Bald]

I'm be purchasing w/ in the next 72 hours

[starkd748]

Yuppers fully loaded easy money...Many small caps are going to fall hard...I love it...Russell index finished its 5 count its all down hill now

[Stern is Bald]

Anyone playing this for next year?

[dealerschool2006]

and the 200MA for IWM...besides Fed has been liquidating assets since September...

[starkd748]

Look at the chart s&p getting overbought

[dealerschool2006]

Next week I'm calling TZA will be the lowest until beginning of next year...watch for the capital gains sell off season to begin...

[starkd748]

52 week highs soon

[buyittradeit]

I think it goes higher

[surf1944]

https://stockcharts.com/h-sc/ui?s=tza&p=D&yr=0&mn=6&dy=0&id=p38090673899

We continue on the path globally, TZA and other short funds could double from here quickly.

[surf1944]

https://stockcharts.com/h-sc/ui?s=tza&p=D&yr=0&mn=6&dy=0&id=p38090673899

TZA touching the 200 DMA

[surf1944]

The recent move up was more of an anticipation of it being signed, the good news is in for the markets. It may go sideways until the first of the year since the next fews weeks are usually seasonably up with the slow holiday trading. The shorts funds have been only tradeable this year, but I want to be in them when the market finally decides to have a real sell-off.

[Stern is Bald]

Expecting a big move soon huh? You think the infrastructure deal wont keep this down for a bit? I’ll probably get in soon again also…

[Marvy]

Me too

[surf1944]

https://stockcharts.com/h-sc/ui?s=tza&p=D&yr=0&mn=6&dy=0&id=p38090673899

Bought back into TZA for a trade!

[Marvy]

Is it almost time to go short

[TaxiCaT]

Back in today at $31.10

[TaxiCaT]

Sold today - buying back tomorrow on a DOW rebound - don't think it lasts

[surf1944]

https://stockcharts.com/h-sc/ui?s=tza&p=D&yr=0&mn=6&dy=0&id=p38090673899

Breakout maybe!

[JohnCM]