Gotta love ZERO RISK in the SP500 = $$$

Recent strength in SQQQ vs other inverses may be a leading indicator for upcoming weakness in dow and s&p as well.

Keeping track of VIX and TRIN. Market will be especially volatile between now & election -- good trading!
 
On ASX today Friday which has come and gone, I was going to add further to an existing short, however ASX closed strong so I held off that idea.
Strange because nearly alway the ASX sells off on Fridays, but today it decided to go strong.
Damn weird.
 
Todays rally is brought to you by:


Sentiment on Wall Street got a boost after House Speaker Nancy Pelosi said Sunday a last-minute coronavirus aid deal remains on the table as House Democrats try to forge ahead on a smaller aid package costing about $2.4 trillion. Pelosi also said she and Treasury Secretary Steven Mnuchin are set to talk on Monday. Still, that price tag is well above what Republican leadership has indicated it will support for a new package.

“While House Speaker Pelosi and Treasury Secretary Mnuchin are scheduled to resume talks, it is likely that many of the House Democrats facing tough upcoming election battles are growing eager for a resolution,” said Katie Nixon, CIO at Northern Trust Wealth Management. “We are very cautious in our optimism for a bill before November, but more confident that support will come either in a lame duck session or after inauguration.”
 
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