Chance that SCO goes to 32.60 by Jan. 31st basically rounds down to zero at this point. Ken's calls on Oil continue to be incredibly bad ( he's been saying short Oil with SCO at trend bottoms for a year running ).
The Grinch Who Crashed Wall Street... Santa Selloff
- Thread starter KCalhoun
- Start date
Doubtful you expect big things to occur within 3 weeks when you have been tracking backwards for 5 weeks. Just to illustrate how bad your Oil call was you made it when WTI was $66.35. It's now $79.60 a massive move for a commodity which has led to new 52 week highs on numerous stocks I trade.
Thx.... I'm confident my calls (not recommendations) will work out.... it's only December 7
UVXY 46
TZA 62
SQQQ 14
SCO 33
KOLD 22
If they don't hit by 1/31 I will donate to charity. Game on
And when they Do hit, maybe nine will cut me some slack lol
These are my targets.
You didnt need a pin to pop this bubble, its deflating on its own.
I'm curious how far it'll drop by January 31st : o
https://www.cnbc.com/2022/01/09/stock-market-futures-open-to-close-news.html
https://www.cnbc.com/2022/01/09/stock-market-futures-open-to-close-news.html
You're now underwater on all 5 etfs ( KOLD is going to gap down hard tomorrow and I expect that move has some staying power this week ).
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TLRY was up pre market based on some bs earnings.