Bears back finally? Dow futs-200

[systematictrader]

LOL!

"market flips red to green on riot optimism."

With a very minor edit, that reads just like a financial headline.

I love it

 

[Grantx]

Finally... 30million unemployed, pandemic, China trade war, massive bankruptcies, riots and looting.....

Maybe now the fcking market finally crashes. About time

Top daytrading pick = TVIX

Top swings = SRTY SDOW FAZ SPXS SQQQ SOXS

Would you mind explaining what these are and how you use them? All I can find is that they offer 3x inverse exposure to the major index and shouldn't be held longer than a day.

 

[arbuckletboone]

Fed ain't gonna allow this to go down. Trust me. Get long. Add on dips. Make money. We going up. It's literally been decided

 

[KCalhoun]

Would you mind explaining what these are and how you use them? All I can find is that they offer 3x inverse exposure to the major index and shouldn't be held longer than a day.

There's both long and short bias ETFs, I trade both to hedge. Right re short term instruments, I day trade them as well as short term swings.

The neat thing about them is there's opposite directions to be traded, see TNA/TZA SCO/UCO SPXS/SPXL etc

I sold roughly half my inverses premkt since flat, am holding TNA. Overall they're risky to trade.

 

[Grantx]

There's both long and short bias ETFs, I trade both to hedge. Right re short term instruments, I day trade them as well as short term swings.

The neat thing about them is there's opposite directions to be traded, see TNA/TZA SCO/UCO SPXS/SPXL etc

I sold roughly half my inverses premkt since flat, am holding TNA. Overall they're risky to trade.

How does an etf be short biased though? How does it matter what the bias is because it will just end up following whatever it is indexed to? I'm just wondering why you wouldn't just short the actual index and hedge your position with an option or something.

Actually I took a look at spxs and it is basically the opposite of the sp500. But what makes it the inverse? What's the underlying of this etf?

 

[Nighthawk]

Finally... 30million unemployed, pandemic, China trade war, massive bankruptcies, riots and looting.....

Maybe now the fcking market finally crashes. About time

Top daytrading pick = TVIX

Top swings = SRTY SDOW FAZ SPXS SQQQ SOXS

With $58 Billion in SPY short interest, you still "dream" about the market crushing?

This is a market which is rising due to lack of alternatives. You want to put your monies into a 0% interest bearing account?

Expensive commercial real estate?

Mind blowing expensive government bonds running a twin deficit?

Wake up!

 

[formikatrading]

Too many people are still fighting this market and trying to rationalize it by what's going on in the economy and society.

"Any form of hedging, whether mental or real, is not only mathematically and tactically indefensible, it is psychologically destructive. It impairs your ability to see clearly and to act straightout in your own interests. I repeat: Erroneous reasoning "crowds out" productive reasoning." -- Don Worden

 

[S2007S]

How much longer do you think protests and riots will go on for???

Lucky if they last another week. Probably end in a day or 3.

 

[SanMiguel]

The market DID crash, back in February/March. A forward-looking market is now looking at everyone slowly getting back to work. AND...as people get out of their house, they will start spending their stimulus monies.

Without a job...
So, credit?

 

[formikatrading]

All this is known and the market continues to go up. That is pretty telling.

Finally... 30million unemployed, pandemic, China trade war, massive bankruptcies, riots and looting.....

Maybe now the fcking market finally crashes. About time