The Grinch Who Crashed Wall Street... Santa Selloff

KCalhoun said:
True, re charity. I still think a big drop is coming soon, and we Did see a drop in January as I expected. Next volatility moves will be interesting.

Good trading!
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We need to see how being "RIGHT" translates on the trade you recommended :

UVXY 23.52 --> 15.22 ( - 35% ) --> 16.88
TZA 31.08 --> 37.38 ( + 12% ) --> 35.39
SQQQ 34.55 --> 37.38 ( +8% ) --> 43.18
SCO 16.30 --> 9.70 ( -40% ) --> 8.92
KOLD 52.75 --> 28.99 ( -45% ) --> 29.43

So since January 31st things have actually not really improved much at all.
 
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Since we got another mention of this call from Ken yesterday, I was curious how the etfs were moving. Update at close yesterday ( KOLD is going up today ) :

UVXY 23.52 --> 22.40
TZA 31.08 --> 37.69
SQQQ 34.55 --> 49.01
SCO 16.30 --> 5.42
KOLD 52.75 --> 23.36

Only SQQQ returned enough to be a worthwhile trade acknowledging the implied risks of a leveraged product. TZA was ok but why deal with lesser opportunities when QQQ was clearly the weakest area of the market in recent months. Short energy was a disaster.
 
Thanks, I was curious how they turned out so far. I'm still bearish, markets Are selling off, though more slowly than I thought they would.

Big picture I was RIGHT with bearish market bias I called on December 2nd. :D

SPX8MAR.jpg
 
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