Proshares Ultrashort S&P500 Stock Discussion

Today I topped up my QID, SDS, SPXS, VXX, SOXS as the markets flowed up nicely today with light volumes.  Also added SQQQ to my portfolio which is 3X short on NASDAQ 100 the QQQ as NASDAQ hits its upper trend line at resistance.

Hope everyone is having a good weekend.
On Friday, the markets looked very tired and exhausted for moving upward.  The volumes were veey small and on a  Friday, normally the buy the dippers should float the markets up.  However we did not see rhat.  Even semicon chip  stock AVGO had a monster pop, up 25% the NASDAQ was only up 24 points and S&P 500 ended the day flat.  FYI , AVGO is a number 8 stock on market cap right after the mag 7.  AVGO is also a trillion market cap chi...

There are lots of people predicting the market crash to happen.  However, I don’t think market correction will happen before the US Presidential election.  In my opinion there are probably another 4% to 5% upside for the stock markets as we progress into the election.  Gold and silver both are also trading at its peak.  precious metals may trade side ways for now with little bit of upsides and eventually all markets will have its overdue corrections downwards together in...

As I posted this week, if the markets push up to all time high and is unable to maintain its price for a few days, then careful a correction may happen.  As we see early in the trading hours, everything was pushing up but suddenly it starts to lose steam and now all in negative territory.  Seems like the big money is starting to sell off ahead of the Fed decision tomorrow.  
My short on Nvidia, SOXS, QID, SDS and KOLD are all in the money.  Will monitor closely and see what ha...

Not much to update today.  Jolt report released today shows new job openning is much weaker than expected.  Nvidia continue showing weakness after yesterday’s $300B market cap evaborated.
I expect market to take a breather after yesterday big sell off to trade side ways to slightly positive until this Friday’s job report.  I foresee Friday’s job report will give the market another shock pushing for further correcti...

Hello everyone, today is another big rally day for the stock market.  DJI, S&P 500, and Nasdaq all had another decent day up.  However this is with the lightest volunes in 2 years meaning the prices up are driven by retailers.  Another warning sign to keep in mind is the price of oil.  Oil is a leading indicator of the economy outlook.  It is traded around the world by big institutions.  While we see the equity markets continue...