Fed also has been liquidating its assets from the markets as well...https://www.yardeni.com/pub/peacockfedecbassets.pdf
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…
was enjoying market selloff earlier today...not liking the rebound...but we're not in 2023 yet...so lotsa room to go for $TZA...
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
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...
Loaded with 1/20/23 options...need to but some more 2023
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:
Look for a 20% or more correction next quarter... than a fast upswing and i'll be in TNA then.
31.06 already already sold
What did you get in at?
Broke the 3month downtrend looks good for next yr shorting small caps lol easy money
I'm be purchasing w/ in the next 72 hours
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
and the 200MA for IWM...besides Fed has been liquidating assets since September...
Look at the chart s&p getting overbought
We continue on the path globally, TZA and other short funds could double from here quickly.
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.
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…
Back in today at $31.10
Sold today - buying back tomorrow on a DOW rebound - don't think it lasts
30.75 here, 100 would be sick, expecting major market correction over the next month, this thing had a remarkable performance during the covid crash, couldn’t NOT long this for the impending doom
I don't see a whole lot of upside in the market as of right now - I think at best we trade sideways
Why don't you buy in 12 months when interest rates will start to push back against the Dow.
Not in the 30+ range... If it goes under 8 then i'd look out...
Are you? It's done 6...
R/S? Are you new to this stock?