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When you posted it was at 7.60. Closed at 7.90. On a vehicle that went from 8.40 to 5.90 after you said it looked "tasty". Was it a good buy a 7.60 maybe this time but you could also look at SCO, TZA, UVXY, ... and not a lot of them did very well today. So maybe no leveraged short was wise today...

Ok so it was at $7.60. Let's see how it moves the rest of the day. My guess is it will close lower then $7.60 and that buy needed to occur last week. You might note that most commodities are up today which is not unusual for a Monday, but that nat gas can be short term contrarian play to Oil. So...

Correction meant to say for SPX stocks, earnings were up 21% over two years.

Ken seems to have called the end of the "Correction" with his 'Bulls are Fked' pronouncement. Some comedy you just can't write as good.

I am comparing 2019 to 2021; 2020 had a black swan event. 23 is upper normal range just like I posted about in late 2019. The earnings growth has been tremendous in 2021, but this very basic fact seems to elude many short term traders. Too many obsessed with big tech; markets are so much more...

Earnings have grown almost as much as the market has the last two years and are projected to be higher next year. So Amazon had lower earnings for a quarter; so what. Chevron and other energy companies are putting up huge earnings. Banks are growing earnings. Smart money rotated some or most of...

As I posted a while ago, the bears should have covered short term and at this point it is a purely emotional trade for him ( as it is for Ken on his "swing" trades ). From a technical point of view, the markets are going up. But I'm a fundamentals guy first and from that standpoint certain...

Update on overall correction call made by OP July 8th : SPX 4321 --> 4600 TSX 20061 --> 21117

Florida now #7 state in the US in deaths per million despite being relatively unscathed by the initial outbreak when treatments were unclear. Incredible how far up the charts Florida has risen during an era of available vaccines.

This has the feeling of something that will drop to $7-8 within a year.

I am. It's not me buying all those "inverses" :).

Just seems like a really good bull set up going into November with strong earnings. Suncor (a large Oil conglomerate in Canada ) just put up huge profit number, and doubled their dividend to pre-Covid levels ( it was decent before they doubled it ). Lot of dividend increases starting to show up...

Canada didn't kidnap her. She was detained at the specific request of the US government and we mistakenly ( imo ) complied as per the treaty. Of course, Trump was involved in all of this. And everything Trump touches turns to shit. Innocent victims because of this American political bs and the...

Dear Abby, I met a new guy called Ken a month ago and asked him what I should do with my money. He told me US stock markets were really weak and about to crash and to put all my money into UVXY, TZA, SQQQ, SCO and KOLD. I've lost a lot of my money already. Every time I start recouping some of...

KOLD tasty at 8.40, even tastier at 5.96 :). Or not.

Ok let's look at your calls on UVXY, focusing on October where we can safely say you liked UVXY long every single day. 3 days traded up, 12 days traded down, 1 flat day. Overall down 33% in October despite a modest 2.8% gain yesterday. Yet here you are trumpeting your long today. That daily...

5% down in September off the ATHs ( basically 0% in Canada ) is not a "sell off" it was consolidation and sector rotation in what is normally the weakest month of the year. Market weakness ? Come on now we are making new market ATHs. I had no problem finding pockets of strength in September. A...

Ok three weeks after this post when bulls were supposedly screwed. Let's look at NA index performance since ( Oct 5 - Now ) : SPX +5.5% ( 4345.72 - 4583.90 in futures ), TSX + 5.5% ( 20183.43 - 21284.84 ). WTI roughly from 79 to 83+. Chances of an epic selloff soon are basically negligible.

Ok this theme is a complete train wreck. KOLD down 22% today, 29% since the thread started. Who could have predicted it ? Well, to some degree I did but I'll never claim to be able to predict short term Nat Gas price moves. As I said Friday, any shorts into Monday were asking for trouble based...

Mission two accomplished ( if it holds ).