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This is not a one time event it's happened 4 or 5 times already this year. Are we in a correction are you sure ? My take is for the SPX it ended in January. TSX there was no correction ( ytd +1% ).

This post won't age well. Please confirm you went to 100% cash in your retirement fund when you posted this. Because if you believe in that 90% probability you'd be a fool to have any equity exposure.

My take on SPX is it corrected in January and has been in range bound consolidation since. Note the following levels. Jan 27th 4326.51, Today in futures 4314. How is that a down trend ? Most consolidations do drift lower before they go higher. If support breaks it will be War related. But if the...

What I heard is that Gas in the US as a percentage of income was BELOW historical averages. And that was when WTI was higher.

Buying the dip in certain areas was the best trade today. Which is ironic given when he posted this thread. But that's the issue with many day traders they often can't see the bigger picture. But it doesn't stop them from thinking they can.

SPX up 2% today and Ken's calling it a "Bear Market Crash". As I've said all along, it's a mixed market and the only significant NA weakness is lower tier IT. SPX has rallied off support 4 or 5 times now and pretty much every time Ken or some of the usual crew on here talking about shorting the...

Thank god that dim wit Trump isn't in power.

I am likely more familiar with the dynamic in play on energy stocks but I don't follows Chevron at all. I can tell you when Suncor was stuck around $29 it popped up to $34 on earnings and a new dividend, then got stuck in the $30-$34 range a bit, and is now over $40. Suncor is huge by Canadian...

I wouldn't call that a parabolic move. In fact, I've avoided most large cap Oil stocks because they underperform in this environment compared to mid caps and juniors. Here are some one year returns ( including a bit of a pullback for a few days ) : Large Cap : Chevron 55%, Suncor 40%...

You lack basic math skills. I guess you opted out in high school and took typing instead. Gives you more ability to type a lot about math you don't understand.

I sold almost all my remaining Gold/Silver stocks last 2-3 days. Glad to get out of the poorer performers without a loss and book nice profits on some of the others. Still have a junior silver that is hugely underwater plan to hold it. I still like the potential value plays but we are at serious...

Why are you always upset at markets ?

It's already held 3 or 4 times. I see a lot of so called "price action" and supposed technical traders on here talking a lot about more downside but the chart says otherwise. Unemployment in Canada dropped 1% today to almost historical lows. There are numerous positive catalysts being totally...

I blocked some of the reactionary perma bears on here and stuck to my macro calls. Anytime the SPX gets to the 4200 area you should be looking at buying quality stocks even if it's just a range bound trade. I'm up 21% ytd no leverage with my approach.

CPI number prob restarts the Gold/Silver rally, but I used some mid day strength to sell all but one of my positions ( still in Fortuna ). I'd rather jump in on confirmed news and want to sit on some Cash ( 33% of my account) into tomorrow. Was glad to get out at decent prices given how brutal...

Dumb ass, 85% of Canadians over age 5 are fully vaccinated. Why are you still posting ignorant crap on here. And tell me, how did the US do compared to Canada in terms of infections and deaths throughout the pandemic ? We had ignorant slugs like Tsing Tao on here in 2020 insisting that given...

??? Take a look at the daily chart. ???

My main Oil holdings are companies that were making huge money at $70-80 Oil never mind $125. So the idea is buy things that should be good for 1-2 more years and stickhandle around short term technicals and news best I can. The miners I'm still taking a short term approach and was mainly just...

My strategy on the entirety of the Ukraine situation was owning stocks that are leveraged plays on Oil and Gold/Silver. It's been a really, really good trade. The task here is to maximize gains knowing at some point there may be a big reversal day on news. However, there is also a better then...

Since we got another mention of this call from Ken yesterday, I was curious how the etfs were moving. Update at close yesterday ( KOLD is going up today ) : UVXY 23.52 --> 22.40 TZA 31.08 --> 37.69 SQQQ 34.55 --> 49.01 SCO 16.30 --> 5.42 KOLD 52.75 --> 23.36 Only SQQQ returned enough to be a...