ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[Citrati]

That is a solid comment.
Remember when $TRAN was a key leading indicator for market direction. Not nearly as predictive as in the past. In historical perspective your points are important. It seems this market is no longer as tied to real economics. The manipulation has grown in size and power. The bubbles of the present are due to factors beyond even the past controlled norms. Look at what/how the Reddit, Robinhood etc gang of millennials is manipulating stocks. Fundamentals are even more irrelevant and swarm trading/gambling is growing.
The longer the manipulation keeps this market going the bigger the correction will be IMO. When one combines all of this with the bankrupt status of our nation, it will not end well. The lesson from history is that the US is on the decline toward destruction.



Quotes from Alex.

“Society will develop a new kind of servitude which covers the surface of society with a network of complicated rules, through which the most original minds and the most energetic characters cannot penetrate. It does not tyrannise but it compresses, enervates, extinguishes, and stupefies a people, till each nation is reduced to nothing better than a flock of timid and industrious animals, of which the government is the shepherd.”
Alexis de Tocqueville

“The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money.”