Just sold and close my VXX position for small profits, approximately 6%.
I believe S&P is still in topping process and may go up to 6100 to 6200 before any significant corrections downwards.  Will buy back later for greater volatility and greater profits.

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...

just after my last post VXX had a nice jump up so I decided to close and took profits.

Hi All, for those of you that have been following me, you knew I was shorting the market anticipating a market correction.  After a strong Nvidia earnings but Nvidia price started to fall I was even more confident that matket corrections may be around the corner.  Well the first day back from Labour Day weekend and on first day of September trading, we see market started to drop steadily from premarket session and the drop picked up even more steam into market open.  Th...

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...