Search results

  1. N

    Is uptrend for SP500 over

    If I were forced to short something, I'd be asking what sector would lead a large corrective move. And that would be large cap IT ( maybe banks ? ). Not including semiconductors that have a global shortage. I wouldn't be shorting anything that has a global shortage coming or here ( eg copper...
  2. N

    The S&P will top at 4540-4601

    Well, what I'd say to you is when US indexes dropped 5% in September, my energy holdings had a strong month and I made an 11% gain in my account through October 1. Almost nothing I own was really correlated with US indexes except a few legacy mining positions I like on a valuation basis. In...
  3. N

    Is uptrend for SP500 over

    How do you distinguish this from the event that occurred late October 2020 ? So far it's very similar in nature and once selling pressure dissipated there were some excellent long opportunities,
  4. N

    Do we need a runaway inflation before someone like Volcker steps in?

    So what ? It's still very tame inflation. Central banks have been trying to create core inflation for more then a decade and failing. They are finally succeeding that's a good thing no deflation like we had in 2009. I can't take all these fake crisis seriously I can remember when mortgage rates...
  5. N

    The Myth: 3x ETFs good only for short term...

    It's pretty clear if one looks that it depends on what kind of a market you are in and exactly which etf it is. If it's a directionless market buying the triple etfs seems to be problematic both on picking entry/exit levels and the overnight slippage. Of course, in a clear trend, you might do...
  6. N

    Cathy Woods - ARK Investment

    Is she though ? Or is she merely targeting a percentage holding in each stock and as the price drops she buys it back up ( or vice versa ) ? Last I looked the main holdings looked similar on a surface check.
  7. N

    The S&P will top at 4540-4601

    You are again overstating the down side not one of those listed are a major catalyst of any significance right now. People may talk about them and financial media loves to speak to bears sure. Too many short term traders are overconfident about their ability to read longer trends yet fail to do...
  8. N

    Cathy Woods - ARK Investment

    The job of these funds is not to time the cycle it's to provide exposure to specialty areas in an easy to trade form and you can time it anyway you like. Never meant to be a large part of anyone's strategy they were always high risk high reward. It's no different then a mining or energy fund...
  9. N

    The S&P will top at 4540-4601

    Looks like the down side moves are short term traders putting pressure on the markets based on news ( sometimes very flimsy news ) and then the large buyers come in. Buyers are anticipating a strong finish to the year ( which occurs most years ). I can't see much down side because anyone with...
  10. N

    Which way? Energy

    I'm still heavily weighted Cdn Oil producers but sold most of my nat gas producers during the week. Rebought Cenovus again late week but it seems to move more like an Oil producer then the pure Nat Gas plays. I'm riding the momentum ready to rapidly reduce on any adverse event. However, I forgot...
  11. N

    Is uptrend for SP500 over

    In reality, that could even be the bottom for the rest of 2021. Previous strong resistance in reality was just under 4000 so to me that's likely support ( false breakouts could be say 50 points ). I think 4000 area is always in play but so is 5000-5100 by January. 3400-3600 is not impossible but...
  12. N

    Gotta love ZERO RISK in the SP500 = $$$

    I must have missed the 'Nice break out in TQQQ' or 'TNA looking good' posts this morning. Or "'Crushing it to today; this markets going to 5100'. We need a bullish tone Ken to post this stuff. Actually, today was somewhat likely because the latest fake crisis had an ending to it so the related...
  13. N

    Will MAGAtards die to defend their stupidity?

    Looks like Jem started a new account :).
  14. N

    Natural gas looking like MEME stock!

    In Oil, you bought UWTI and lost 90% of every penny you put into it ( with numerous adds ). Risking a lot to make a little is usually long term -EV. I doubt I commented on NG etfs I only started looking at this area last year.
  15. N

    Natural gas looking like MEME stock!

    It's a bad trade you got lucky on news and still under water. You risk a ton to maybe gain a little.
  16. N

    The S&P will top at 4540-4601

    I have no idea what this month will bring but the longer we get through it without significant downside the more confidence I have in a late year rally from roughly November-January. My guess is the next rally tops out in the 5000-5100 area on the SPX and sometime before April 2022 ( possibly by...
  17. N

    Gotta love ZERO RISK in the SP500 = $$$

    I'll take a break from Ken until November. Give that massive correction of his a chance to build up some steam and scale his shorts as high as mountain tops.
  18. N

    Gotta love ZERO RISK in the SP500 = $$$

    I suppose the lesson here is you prefer the onslaught of mostly bad calls from the permabears on here to the more insightful calls I've made. And yes, they can be measured. Tell me something, did Ken's call premarket when SPX futures were I believe -1.3% help you trade today or was it overdone...
  19. N

    Gotta love ZERO RISK in the SP500 = $$$

    I'm not wrong though. Show me one statement on this site the last few months I was wrong on. I have made no calls on US indexes other then a forecast that we finish higher then here end of year. And I'm not trading on that call I'm playing sector plays the main one has been extremely profitable...
  20. N

    Gotta love ZERO RISK in the SP500 = $$$

    It's getting comical how little perspective you have right now.
Back
Top