1. #106
    d2bets
    d2bets's Avatar SBR PRO
    Join Date: 08-10-05
    Posts: 39,777
    Betpoints: 21665

    Quote Originally Posted by homie1975 View Post
    the rate hike looms as well as we've had 3-4 losing sessions in a row since powell starting talking.

    i bought TQQQ and SOXL today
    And of course the protectionism is inflationary and so it's also related to potential rate hikes.

  2. #107
    floridagolfer
    floridagolfer's Avatar Become A Pro!
    Join Date: 12-19-08
    Posts: 2,757
    Betpoints: 12339

    Quote Originally Posted by homie1975 View Post
    great info. i see you provided DOW, Nasdaq, S&P, and Russell.

    are these the only ETF's directly correlated with the indexes? if not, can you tell me the others quickly (not asking you to spoonfeed me).

    thanks Buddy!!
    There are many others. Every family of funds has them. A quick Google search shows four ETFs that track the S&P 500, six that track the Dow Jones Industrial Average . . .

  3. #108
    homie1975
    homie1975's Avatar SBR PRO
    Join Date: 12-24-13
    Posts: 14,877
    Betpoints: 11090

    Quote Originally Posted by homie1975 View Post
    the rate hike looms as well as we've had 3-4 losing sessions in a row since powell starting talking.

    i bought TQQQ and SOXL today
    rookie mistake in underestimating how much trump's tariff talk has spooked the markets

  4. #109
    A4K
    A4K's Avatar Become A Pro!
    Join Date: 10-08-12
    Posts: 5,243
    Betpoints: 241

    I am a professional derivatives trader. If you want some serious advice and can commit the time, please PM me and I can point you in the right direction.

  5. #110
    homie1975
    homie1975's Avatar SBR PRO
    Join Date: 12-24-13
    Posts: 14,877
    Betpoints: 11090

    Given trumps sat tweet about euro cars, how will the market open early monday?

  6. #111
    homie1975
    homie1975's Avatar SBR PRO
    Join Date: 12-24-13
    Posts: 14,877
    Betpoints: 11090

    trump tariff talk last thurs brings the market down. his cont'd tariff talk on saturday brings it down at open. his talk this morning that he will not impose tariffs if new nafta is revised, fluffs the market back up. unbelievable lol

  7. #112
    A4K
    A4K's Avatar Become A Pro!
    Join Date: 10-08-12
    Posts: 5,243
    Betpoints: 241

    Quote Originally Posted by homie1975 View Post
    trump tariff talk last thurs brings the market down. his cont'd tariff talk on saturday brings it down at open. his talk this morning that he will not impose tariffs if new nafta is revised, fluffs the market back up. unbelievable lol
    I'd lean towards the market making a sharp down move. When these tariffs get implemented the EU and others will retaliate and the market will face uncertainty for a few days at minimum.

  8. #113
    homie1975
    homie1975's Avatar SBR PRO
    Join Date: 12-24-13
    Posts: 14,877
    Betpoints: 11090

    Quote Originally Posted by A4K View Post
    I'd lean towards the market making a sharp down move. When these tariffs get implemented the EU and others will retaliate and the market will face uncertainty for a few days at minimum.
    good call.

    i sold SOXL today at 12% profit since late last week. still holding TQQQ

First 1234
Top