Easiest Trade, fundamental calls for pull back
We have artificially propped up market condition with high prices and low volumes on any matrix. Financial sector is not untouched by it. Recent rally in financial sector feels more like a speculation than value investment. But we're all allowed to speculate so power to all market participants.
However the rally calls for pullback and there's a easiest trade case to be made about FAZ which is 3X leveraged Financial Bears ETF. with great upside returns due to a pullback on fundamental levels. Be aware leveraged ETF is not a product to hold for a long time so quick returns enthusiast should understand risk before buying. Good Luck !
However the rally calls for pullback and there's a easiest trade case to be made about FAZ which is 3X leveraged Financial Bears ETF. with great upside returns due to a pullback on fundamental levels. Be aware leveraged ETF is not a product to hold for a long time so quick returns enthusiast should understand risk before buying. Good Luck !
Trade closed: stop reached:
Well you're never wrong until you're. My strategy has reached the loss threshold!
I would still believe that pullback is inevitable, not without fear that the what could e a little pullback becomes frenzy and ruins market liquidity.
But what are the chances of back to back such cases, right!
Be vigilant out there good luck!
I would still believe that pullback is inevitable, not without fear that the what could e a little pullback becomes frenzy and ruins market liquidity.
But what are the chances of back to back such cases, right!
Be vigilant out there good luck!