I just heard from one of our members who took this post from yesterday seriously. He bought IWM weekly calls yesterday and cashed out this morning with a +70% gain.
I'm not sying to take risk like that, if I had opened positions yesterday I probably would have gone for monthly or leveraged ETFs, but there are opportunities to make money all around.
In any case, I'm going to update again very soon because the VXX calls closed yesterday in anticipation of today did very well and it's looking better and better.
Also there's some interesting movement in Tech which is now starting to catch down to Financials.
I still like Gold/GLD, still like USO (both long).
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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