Storm5
Member
Dump city
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Misc Stock Market
- Thread starter ForsythSnow
- Start date
We are fighting Evil. It's not defined by a country. The same evil is in ours as there are all those listed.
Thanks for the suggestion! Ive looked on etfdb and there are some that look interesting. I only trade on Fidelity, and they shut off the buy button on WEAT. I'm not happy AT ALLI bought some $COM yesterday. It’s an unleveraged broad basket of commodities that in theory shouldn’t be as volatile as any individual commodity, but if commodities continue to increase should provide decent returns without having as much downside risk (but at the same time it won’t go to the moon, either, hah). Of course, thats not to say it’s not risky, and I’m not a financial advisor. ?
Check out Direxion Auspice Broad Commodity Strategy ETF's stock price (COM) in real time
Get Direxion Auspice Broad Commodity Strategy ETF (COM:NYSE Arca) real-time stock quotes, news, price and financial information from CNBC.www.cnbc.com
Also bought some $BAR (gold) and $WEAT (wheat). Might’ve been too late on the wheat trade, though.
Storm5
Member
Can't believe spy had another 10 plus intraday move
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I found DBC, which appears to be another diversified ETF as well.I bought some $COM yesterday. It’s an unleveraged broad basket of commodities that in theory shouldn’t be as volatile as any individual commodity, but if commodities continue to increase should provide decent returns without having as much downside risk (but at the same time it won’t go to the moon, either, hah). Of course, thats not to say it’s not risky, and I’m not a financial advisor. ?
Check out Direxion Auspice Broad Commodity Strategy ETF's stock price (COM) in real time
Get Direxion Auspice Broad Commodity Strategy ETF (COM:NYSE Arca) real-time stock quotes, news, price and financial information from CNBC.www.cnbc.com
Also bought some $BAR (gold) and $WEAT (wheat). Might’ve been too late on the wheat trade, though.
Storm5
Member
Anyone think we are close to a major dump . Not a slow bleed but a true dump ?
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Just MVHO, I think we are in for worse than a dump. I think we are so corrupted in the markets with the private central banks (the root of every single problem), politicians, Blackrock/Vanguard (who own EVERYTHING...literally), hedge funds, lobbyists, etc that certain powers will flush the system. Until the corruption is gone, we will be left with what "they" want us to have.
mentioned this yesterday...SPY is still 23% above it's pre-covid high. We really haven't seen much pain in SPY...yet. SPY was down 11% in fall of 2020 and it's only down 12% from it's ATH's currently.
If Fed turns QE back on and delays raising rates I think we avoid severe pain. But, Fed been saying they are going to start QT and raise rates to the 1.5-2% range by EOY.....
Check MDMP. It's a penny stock, but about to not be a penny stock.
pcbjr
Member
No, Sir, we are not close; we are on it; now how deep the commode is remains to be seen ...
Broken024
Member
I'm going to set up some calendar put spreads on spy tomorrow. Probably going long 400p out in May and sell puts against it weekly. Should be able to cover the cost of the long put pretty quickly.
So who are we not fighting with. ?
This is what happens when there is or there is about to be an energy crisis/debt cycle implosion. And I'm talking beyond the recent Russia business.
The global economy (and particularly the US economy) has become so overleveraged that it takes higher growth yoy to support the debt and fiscal situation. In order to achieve the necessary growth, we have to double our energy usage every 8ish years. We're simply running out of energy.
And the way you can tell all of this is by looking at the value/price of real things, social discontent, and geopolitical tensions. All 3 are moving in very bad directions. We don't have a lot of time left to enjoy the current system.
The fact that we didn't reverse today is concerning, particularly since the rip was sold so hard. Maybe we'll get some good news in the next day or two.
Broken024
Member
It was Jimmy's fault. We're good tomorrow ?