Get it while the gettin's good before after hours trading is closed because SPXU, SDS, TZA and any other ETF's you can think of that short the market will likely up gap over the weekend just like they have the past 2 weeks. Especially in light of China's response to the US...."We aren't interested in negotiating right now."
This is not financial advice - it's my...
Essentially, it’s looking like the bear market is becoming more probable month after month. Tons of macro-economic bearish signals:
Euro economies taking hits (Germany narrowly avoided a recession last quarter but has seen 0 growth; UK recession looming as well especially w/ no Brexit deal)
We’re currently in the longest US economic...
When we see the market open on a news induced low like today, SDS is a good ETF day trade to keep in mind. What you are doing in essence is shorting the S&P 500 as a hedge against your daily losses (I'm doing GREAT today).
It's also a great one to hold as a hedge against a recession if you a long term investor; it's recent creation and history is interesting and...
Getting ready for the floor to fall out from under our extended bull market.
This is gonna be a great place to chill and gain from the losses in the S&P 500 index.
I expect the S&P could lose up to 20-30%, which would also put us over the needed 20% for a bear market to ensue.
ABC correction is beginning here after this wave 5.
Buying in @ $40-41
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Signs of an "Amateur Mindset"
If you identify with any of these characteristics while trading, you are suffering from an Amateur Mindset. These are normal when first learning how to trade, and even common in advanced traders who have not yet mastered their trading psychology. Very succesful traders may still occasionally...