/biz/ - Business & Finance

my 31 strike SOXL short calls are being assaulted.

>niggerfaggot autist cannot refute this

Can we get an F in chat for our fellow Bears?

This weekend I'm buying a chest freezer and stockpiling it with at least $2k worth of food. This fake government has decided that hyperinflation is better than letting the market return to fair value. The United States is fucking finished as long as these people are holding onto power.

DJI ATH
NDX ATH
SPX ATH tomorrow
3x leveraged faggotry eternally btfo down 60%

>>56971205
cool now test it with the 200 SMA leveraged rotation strategy everyone was told to use.

Your threadly reminder to surf the current hype and FOMO thread but when the first rate cut happens in 2024 GET THE FUCK OUT

>>56971213
American can get F too.

Let's talk about the yield curve re-steepening, bitch boy mumus.

>>56971221
Good morning Sir!

>>56971205
>buy my bag that is down 60% instead of the underlying that is about to reach new ATH

>>56971224
we will when it happens
until then we party
see you in two more weeks

>more endless slapfighting over LETFs
Don't you guys have sisters to go fuck or something?

I showed my sister my gains from the santa rally

>A bull steepener occurs when bond prices rise (yields decline) and short-term yields fall more than long-term yields. Bull steepeners usually result from the Fed lowering interest rates or the market anticipating such actions. As shown in orange below, the last three bull steepener trades coincided with significant stock market declines and recessions.

It's funny that this recession is literally playing out 100% to the book and people just choose to ignore it and live in fantasy arrow go up land

>>56971242
Hell fuckin yeah.

https://www.youtube.com/watch?v=KHlMjScUWpk

>>56971249
nobody told me perfect hair forever finally got an ending

>>56971242
You mean today?

All this arguing over leveraged ETF's is eerily similar to JAN 2022 when we proceeded to nuke the rest of the year kek.
Just picotop things.

>>56971256
The sister and brother fucking multiverse only grows. Soon reality won't be able to contain it.

>>56971219
>first rate cut happens in 2024
but anon, 2024 didn't have any rate cuts

>>56971252
i'll stop buying calls when the market drops, at that point it wont matter if 1 position gets btfo or not
until then me and everyone else who wants to make money dont care

>>56971265
no two more weeks

I've got $5,000 in my robingoy account I'm going to transfer to Schwab. How is their "robo" advisor? I no longer have the time to check daily and end up doing stupid trades anyways.

Somehow, the sisterfuckers have returned.

>>56971214
Why do fat people freeze a bunch of meat? I would legitimately rather eat cans of spam in the apocalypse and have some eggs from my local chicken havers than eat your freezer burnt steaks

>>56971280
BASED

>>56971249
Did you buy her something nice for Christmas with your gains?

>>56971280
I wonder which CEO has been fucking their sister/s...

DPST 17.61%
Holy shit is the entire regional bank sector going to short squeeze

>>56971293
Wasn't it that bullshit AI company?

>>56971268
just no anon

>>56971295
Buying a regional bank is like buying a bond, just more volatile.

The thing these guys don't get >>56970213 is the underlying asset (SPY) is going up in value over time. Every time they do their 85 IQ example of SPY doing 100% - 10% day one then +11.1% day two to get back to 100 while the UPRO is down. Yes, nobody is arguing against that. But being 85 IQ your problem is you can't understand SPY increases over time. So you would have to do something like 100% - 5% + 15% and see how it goes.

SPY:
100 - 5% = 95
95 + 15% = 95 * 1.15 = 109.25 (9% gain, per original, what SPY gains a year)

LETF:
100 - 15% = 85
85 + 45% = 85 * 1.45 = 123.25 (25% gain)

It's slightly more complicated as LEFT has higher expense ratio and no dividends, but 25% vs 9% makes up for it.

>>56971191
>buy 2,500

he was right bros

>>56971282
>freezer burn
Chest freezers don't do that. Keep drinking onions, faggot.

>>56971280
>implying we ever left and weren't just lurking and waiting for the memes the whole time

>>56971205
what if you cant buy 10 years in the past?

>>56971298
Yeah, but now that they're back some other CEO is fucking their sister they're just giving us the heads up. Also some anon made pic rel better.

Reminder: Money will not make you happy
I'm up over 500K this year and I am saltier than ever.
Fuck this fucking bullshit market.

Anything you gained today was purely due to DXY declining. Some fed member will release a clarification statement friday and cuck this whole rally.

>ES keeps going higher after hours
my shitposting about SPX ATH tomorrow might come true

>>56971304
does this picture help you visualize how shit having a 3x leveraged etf is when something goes wrong or is it still too complicated ?

The market pricing in 3 rate cuts isnt a good sign, its a terrible sign
The only reason they do that many rate cuts is when theres a global recession and they need the money printer to go brrr again

>>56971317
...

>>56971317
>>56971312
>>56971311
>>56971307
>>56971306
Are you broke and have only 10 bucks to invest? Check this guide

pastelink
net/otwefxhp

>>56971219
Why would I do that? If we get back to free money times my $TQQQ is easily going past $80.

30 calls left for Friday, up 1400% kek, what the fuck can I buy now?? Just Tqqq shares?

>>56971298
Nah, C3.AI (ticker: AI) is the bullshit AI company. The CEO of OpenAI (ticker: MSFT) was the alleged sister fucker.

>>56971295
based SVB and Signature created a lot of good trades

>>56971290
Yes and like every Christmas we are spending it together as is Christmas tradition. We don't care what anyone has to say about it.

>>56971303
Nice observation. Bonds don’t move nearly enough for my taste.

I’m glad so many short sellers are being fucked raw this week. They were getting way too cocky.
Literally every non-FAGNIFICENT 7 stock was nearing 10% ratios.

>>56971205
i-is my USD 2x SOXX okay?

My sqqq is down 50% and I don’t even care
I think I’m depressed

>>56971343
It's due to unrealized losses on fixed rate credit. As Interest rates come down their fixed rate credit rises in value reducing the unrealized loss.

>>56971364
>holding SQQQ longer then a day
Sell now or your portfolio is going to zero

>>56971321
Yeah, and once it's over how good it is. You got double returns if you just held through the crash.

>>56971317
>I'm up over 500K this year and I am saltier than ever.
>Fuck this fucking bullshit market.
Wanna talk about it, champ?

>SOXL

>>56971364
Maybe don't gamble with leverage short scam etfs.

>>56971324
Nah, it could be that inflation ticks down another 75bps. Then 75bps worth of cuts are just keeping short-term real yields constant; the Fed avoids "tightening" without really loosening.

>>56971343
What are the margin requirements on bond futures trading?

>>56971306
I had 4 eggs with cheddar cheese and yogurt for breakfast with a coffee

Fish oil and vitamin d
Monster zero sugar (blue)
Pre-workout caffeine powder shit
Diet green tea with 5g creatine
Leftover bag of beef jerky
Some ham and beans, tortillas and cheese
Zinc tablet
Whey protein isolate shame and almond milk

Freezing meat is fucking retarded and tastes bad/fucks it up. Only boomers and fat people do it and I think it's because their taste buds are fried from processed food

>>56971364
>>56971374
>>56971390
"Anon" doesn't hold SQQQ and he isn't even American. That's a shill post.

>>56971374
Realizing the loss will be so brutal
Fuck me

>>56971295
I might cover my tech shorts and reenter next year.

>>56971427
Fake and gay.

>>56971390
ETFs are such bullshit.
90% of the time you can just do the thing yourself.
You can short massive companies. It's not that expensive if you really want to.

>>56971425

>>56971381
SPX can reach ATH tomorrow
UPRO cannot reach ATH tomorrow unless SPX does a 15% day, if my math is right on this one
once UPRO reaches its 2022 price tell me again how amazing it is to reach a price from 2 years ago as SPX is soaring to new highs, until then you are holding someone's bag, you are someone's exit liqudity, you are a nigger

You guys want to try some Totally Awesome Sweet Alabama Liquid Snake? You're gonna get so high your minds will blow chunks into the Milky Way. And what better way to celebrate the reunion than with a good old fashioned Milky Way chunk blow, hmmm?

>markets = rocketing beyond all measures of delusion
>prices = gouged to the moon
>consoomers = resilient aka. retardcattle with too many credit cards
>mumus = beyond all measures of euphoric
>euro and dollar = devalued by 50% since 2020
>central banks = about to start lowering rates into massively surging asset and consumer prices
Yep it's weimar time

>>56971410
>bond futures
Just fucking hold the bonds.

idk I wish bond etfs had options. idk why that's not a thing. You could totally synthesize a futures position that way.

>>56971442
Agreed.

>>56971458
TMF totally has options

>>56971444
>Robinhood

>>56971382
2024 is probably going to be the worst year ever. Not just hyperinflation, but hyperinflation during a deep recession. Did we lose a war or something?

Get your puts in order. Tech trannies on suicide watch.

Where is this faggot now?

HAHAHAHAHAHAHAHAHAHAHA

>>56971469
As does TLT.

>>56971458
No, I want to gamble on rates and make or lose crazy amounts of money doing so. Who gives a fuck about 4% per annum? That's like 1% real return.

>>56971416
>>>/fit/

>>56971469
TMF already is options

>>56971416
>Freezing meat is fucking retarded and tastes bad/fucks it up.
I go through spend/save cycles and tend to buy all my meat at once. If I didn't freeze it then it would go bad too quickly. I recently cooked and ate some sausage that I've had for a year.
Fuck agro futures just go to aldi and buy meet then chuck it in your freezer.

>>56971446
You have to pay for the 3x leverage anon, you think it is just free leverage?

>>56971475
I don't think we're quite at hyperinflation. Maybe a spike back up to 5% or so, but Biden apparently made a blood sacrifice to Moloch for cheap oil and shippers dgaf about dune coon missiles so I'm not sure we'll even see that.

>>56971489
>No, I want to gamble on rates
Rates effect the market value of the bonds.
Look at the 2021 bonds trading for 20 cents on the dollar right now.

>>56971456
Hey, look on the bright side: 2033 might be like 1933 if you know what I mean.

>>56971512
Unless SPY plunges 150 points in the next two weeks, I think it's safe to say we averted the Krugman timeline.

>>56971268
>sister
>not mother and daughter.

>>56971444
you don't know what you're doing. cash out the entire portfolio, uninstall robinhood. max out your 401k, put your excess savings into time deposits, and don't trade anything, ever again.

>>56971475
I don't think we'll get hyperinflation in 2024.

You'll know where getting their when the federal government is *forced* to choose between hiking taxes, austerity and borrowing *to pay interest* (note that we haven't started doing that.)

They'll probably start with taxes and austerity. If that were done sooner with a mandate from the people it might be ok but without that you'll get serious capital flight. The destruction of economic production will lower capital flight which will force:

the fed to do yield curve control < --------

That's when you get hyperinflation. Not before.

>>56971317
yeah I realized this when my portfolio hit a new ath and I felt nothing. would still rather be unhappy with money though, to be able to secure a future without having to work.

>>56971446
If it reached it's all time high I'd be up 50% from today.
If spy reached it's all time high I'd be up 2% from today.
But again, you run into the same problem you always do because of your low IQ. Your argument is still
SPY - X% + Y% = SPY, therefore leverage bad. The same dumb logic I called out in the last post.
I'm saying SPY - X% + Y% = SPY + Z% where Z is positive.
So comparing what SPY was at one point in time to what it will be when it reaches the same value in the future, of course the leverage will be down. But again, you are 85 IQ and too stupid to understand this, so you think you are making a new point. When in fact, you are making the same point I already rebutted. If it's confusing, read the first post I made in this thread.
nigger

A while ago, I saved some suggested screeners, but neither tradingview nor finfiz has the parameters suggested (e.g., trailing P/E, EV/EBIT).
Any suggestions for alternative screeners that might have these parameters?

>>56971529
>will lower
*will lower tax revenue, not capital flight. Obviously
(sorry I've been drinking a lot.)

>>56971499
Ive got enough pork butt, cheese, eggs, sausage and shit in my fridge to last a month. Freezers are fake and gay. If you think the world is ending (it's not) you would be better off hoarding shit with a better shelf life and doesn't need electricity to keep fresh
>Ammo
>Liquor
>Drugs
>Toilet paper/baby supplies
>Medical supplies

Hoarding food is literally only for obese retarded boomers that honestly are just ngmi

>>56971282
>go to the butcher, buy half a cow, have enough meat for a year or longer.
Some of us enjoy food you lazy faggot.

>>56971482
oh thank god is this finally over? such a fucking scam

>>56971317
I just wanna retire and be a monk, brother

Kek in some news that kinda slipped under the radar due to the other things a happening; PFE got the green light to finally snag SGEN. The deal is closed. All cash deal. PFE forked out 43 billion for it. Not shares/cash mix strictly fucking cash. Which uh is saying a lot. Before this went down SGEN was going for over 200 a share. They do cancer drugs. Which other companies are jumping into this area like crack. Another big time Pharma player did a deal today to buy some other cancer drug company so there's green to be made. (Aside; PFE stock itself is dirt cheap + forks out fat divvy as cake topper)

>>56971293
The American ones.

>the absolute state of the bond market
Bobos long term doomsaying is still 100% correct and rate hikes/cuts mean nothing in relation to it.

I made a brokerage account and put a chunk of money into VOO yesterday after asking /smg/ what to buy and when I checked today it says my account is worth $200 more than it was yesterday. This investing thing is way easier than I thought, I should have done this ages ago.

>>56971525
Don’t tell me how to live!

>>56971545
I don't think the world is ending I just treat the grocery store the same way I treat etrade.

>>56971547
I knew so many fake redneck guys in my fraternity that would freeze like a whole fucking deer because it's manly or whatever and then just get high and eat pizza every night. It's fucking retarded

>>56971549
Yeah... I predict the death knell mid January. Gonna ride NVDA into the gap.

>>56971539
based yahoo finance actually had a lot of them fwiw

>new all time high for Dow Jones

Fuck I can already hear the calls from influencers telling me to buy bitcoin because it's going to all time highs now.

I mean I agree, that it probably will go to all time highs now that stocks did it, why not crypto too.

But something doesn't fucking feel right about any of this.

>>56971492
How do I know you’re an amerilard.

>>56971503
it is not free but the fees are nothing when compared to how it is lagging the index in just one year
UPRO 0.92%
SPY 0.09%

>>56971531
you literally dont understand that UPRO is TIED to SPX
IT CANNOT reach a new ATH unless SPX does a 15% day tomorrow and it has achieved that only once in 1933
every time SPX has a normal pullback over the course of a longer period of time a leveraged ETF gets annihalted and it will take several years for that ETF to recover to its price before the pullback while the index will shrug it off and continue as my picture above very clearly shows you inbred nigger
i'm showing you literal pictures of the two prices and how they are performing and you cannot comprehend that the index beats the leveraged etf when it is on your fucking screen

>>56971567
If you bought UPRO, it would've been worth $600 more.

>>56971590
I think it's already priced in but heh, I never play bitcoin I just fuck around with it.

Fuck I wish I hadn't gone full crypto sperg in 2011. I'd have a house by now.

>>56971444
Anon why can't you just be like >>56971567

Put money in VOO for 20 years, never ever sell, and walk away with a fat stack of cash. I have no idea why someone like you is messing around with SQQQ and inverse funds. What the fuck dude, zoom out on the SQQQ graph.

>>56971590
BTC will probably have a post-ETF approval pullback to 25-35k, heeming altcoins especially bad, then march its way back above 100k by the end of the year.

I mean it's not like the Fed is going to tighten or Congress is going to start paying down the debt or something.

>>56971607
Anyone watch his unhinged begging rant lmfao.

XXXX HODL!

>>56971607
>Gib money plz. You guys said it was going to be a quick war just to distract from COVID. Wtf...

>>56971607
Yeah maybe you’re right
I’ll cash out half and dump it into VOO. Loss harvest

comparing the 200 SMA leveraged rotation strategy going back to 2020 vs simply holding SOX in the same timeframe

5/04/2020-2/17/22 SOXL from 8.17 to 40.76 (+398.89%)
3/24/22-3/31/22 SOXL from 42.45 to 38.42 (-9.49%)
1/11/23-1/19/2023 SOXL from 12.43 to 12.52 (+0.72)
1/20/23-10/25/23 SOXL from 12.86 to 14.71 (+14.38%)
11/2/23-present SOXL from 17.41 to 28.45 (+63.41%)

SOX from 5/04/2020 - present 1663.05 to 3990.95 (+139.97%)
what if you missed the 2020 run?
SOX from 200 sma signal in 2022 (3/24/22-present) - SOX from 3533.58 to 3990.95 (+12.94%)

why would i ever buy and hold hold the underlying

>>56971620
>>56971612
Please link me this rant anons.

>>56971482
>deduct R&D
RIP GE, and all the MICs. I heard that GE used that specifically to stay afloat for years. I'm in tech, and we're not reducing any R&D as far as I know, we've been steadily adding labs all year, with lots more planned next year, but we're also global, so this wouldn't really bother us too much anyway.
>>56971575
Anon, some of us enjoy cooking, and it's much cheaper in the long run. You get all of the prime cuts, tons of ground beef, etc. Use the tougher cuts for stews or jerky. Keep the bones for the marrow, etc.

>>56971568
i just want to help dude. think about it.

Why do I keep seeing weird shit today with qqq and spy dropping like 3 or 5 dollars for a second than going back to normal, but it still shows on the chart that the movement happened?

>>56971617
I sold at 3:45 and will buy back in at 10:00 tomorrow.
Meanwhile you'll eat the maintenance cost.

My kid's education account has 150 JEPQ, what do I convert it to, SPY?

SP500 is at 4700 now. Where's the big recession dip?

>>56971630
I cook 90% of my meals anon I just have never felt the need to buy a whole fucking cow at once.

>>56971586
i'm not sure this is exactly dead but i only took a cursory look.
https://www.grantthornton.com/insights/alerts/tax/2023/flash/irs-guidance-clarifies-amortization-under-section
i'll delve into this further over the next week or so though.

>>56971630
The turbine jet engine industry really set themselves up with garbage margins selling their engines at a loss like they were video game consoles. They are definitely going to take it up the butt from this.

>>56971475
>>56971590
>But something doesn't fucking feel right about any of this

>>56971641
Cashed out more than half of it, set up automated buying of VOO at 500 a month indefinitely
I’m just disappointed I kept watching my portfolio shrink all year.

>>56971652
Recession doesn't come until next year near when the yield curve inverts.
Anyone who tells you otherwise is a faggot.

>>56971624
if only there was a search engine that can draw you 2 pictures

why is asia not pumping after dollar fell?

>>56971671
if only you read my post and knew what you were talking about.

>>56971321
>>56971594
Is this guy retarded, or trolling?

There's so much fuckery going on in these charts right now.

>>56971659
Airlines and all related industries are fucked. "Developed" countries cannot maintain their current infrastructure and airlines cannot function without it.

>>56971594
>SPY up 81%
>UPRO up 168%
I'm thinking you are the retard.

You are making the same case. You are saying SPY is valued at X as an all time high. Then it goes down. Then it reaches X again.

I've made the point before, I understand when the SPY is at one value, goes down to another value, then reaches it again, the leveraged ETF is down. This is the only argument made against it.

What I am saying is that once the SPY reaches a new tall time high which is substantially higher than it is now, then UPRO will be at an all time high higher than SPY (most likely, SPY - 34% then + X% this wouldn't be the case, but that scenario is unlikely in a given year, I'm not sure if it's ever happened, but it is a risk).

Since I think SPY will keep increasing over time as it has done with now draw downs that completely wipe it out, I'm going UPRO. You need to I don't care if it reaches a value it's already hit, I understand that then SPY will be up over UPRO.

I don't know what to tell you. You are too focused on one scenario you came up with (all time high, down, back to all time high) where the ETF wins. If it goes down, the ETF also wins, I know this. But what I'm telling you is I'm focusing on what happens when it averages up year over year. If you put $10k in SPX and UPRO in 2015, which would have done better?

>>56971630
the deduction is very, very liberally applied. you don't need some official R&D department or anything like that.
i've had to review all the work my developers did all year, establish which tickets qualified as "new information" and which were just operational kinds of tasks, and tally up the hours.
the auditor was a large firm, but my contact was just some fresh college kid. she took whatever i said as the word of god.

>>56971630
GE's dead anyway. Culp killed it. He carved up poor GE like a turkey. Sure the knifes came out during the last CEO's tenure but Culp delivered the final cuts. GE used to be the Amazon of things. Was in everything. Till finally all that is left is Aviation (Which is bullshat, why call it GE then if there's nothing left of the company electric related? Healthcare, Transportation,Lighting, Appliances, Power (1/2024), all gone. Appliances is nothing but a brand logo now. GE has zero to do with it.

>>56971366
All I want to know is if dpst will beat nrgu.

This is what people that freeze large quantities of meat look like

>>56971664
SQQQ is designed to be used intraday, maybe overnight.
you have to read the prospectus before you do that again. tickers aren't all the same thing. funds are not companies. and so on.

>>56971707
They look like your average redneck family to me.

>>56971689
This lol. The national iq of the first world is dropping.

>>56971707
WTF is that woman dead? Looks like it.

>>56971722
We literally had a 65% increase in "serious" ATC incidents this year and we've still got more than two weeks left.
No one has realized how fucked it really is.

>>56971609
I don't think the ETF is getting approved anon.

>>56971689
>>56971722
At least we're diversifying the FAA, cockpits, and air traffic control.

>>56971675
imagine thinking i'll read the shizo posting of how exit liquidity can time the market with perfect hindsight while shilling a 3x leveraged etf that is down 60% from its ath

>>56971690
what do you not understand that a 3x levereged etf is being outperformed by the index
since you cant read pictures
you cant do math
maybe read what the cunts that make the 3x levereged etf say about holding it over a long period of time (you'll get btfo if it goes wrong is the tldr)
For any holding period other than a day, your return may be higher or lower than the Daily Target. These differences may be significant. Smaller index gains/losses and higher index volatility contribute to returns worse than the Daily Target. Larger index gains/losses and lower index volatility contribute to returns better than the Daily Target.

The more extreme these factors are, the more they occur together, and the longer your holding period while these factors apply, the more your return will tend to deviate. Investors should consider periodically monitoring their geared fund investments in light of their goals and risk tolerance.

UPRO got btfo in 2022
UPRO is not reovering this year
UPRO MIGHT recover next year if the rally continues long enough and there are no pullbacks at all because they will again annihilate you 3x as fast
now go ahead and hold your trillion dollar idea for 50 years and retire as the richest person in the world, you clearly solved the entire stock market and deserve to be world's first trillionaire

>>56971624
for me it's buying and holding 2x leveraged

>>56971671
this is easier to use. you can adjust timeframes on the bottom.
https://stockcharts.com/freecharts/perf.php?soxx,soxl

Miss Scoopsies. Miss Poem Anon. Shorting BOIL. Simple as.

>>56971664
>I’m just disappointed I kept watching my portfolio shrink all year.
Cutting losses is painful, but you're 1000x better off if you get used to facing that pain.

Just buy it, anon. Nowhere but up.

>>56971744
Lol if I saw a black woman in a pilot's uniform board my plane I'd do a 360 and walk straight out of the terminal right there.

>>56971706
I know. I expected a lot more volatility since the summer and it never came. Market basically went straight up. What began as a hedge became a position I refused to sell

>>56971663
The 10 year just broke below 4%. So the latest bar on that chart would probably be nonexistent.

>>56971740
There are a dozen of them getting approved by May.

>>56971689
>>56971734
Uh considering that people are getting high and just not giving a flying shat in their cars now I can only imagine it if you know some pilot took out a big blunt and got hammered in mid air..

it... it's going to go back down... right guys?

>>56971763
>What began as a hedge became a position I refused to sell
God dammit I hate it when this happens.

>>56971755
I kept half of it in case something explodes. I have like 15k lined up for gradual VOO buys now instead

>>56971775
I've heard that's happening more too.
Hell I was running some critical infrastructure last year and me and everyone else involved were pretty much always drunk.

>>56971740
Always a chance, same as the SAVE merger getting rejected. But rejection means denying Larry Fink millions of dollars in fees. Do you really think this administration would do that? To say nothing of all the various other tea leaves.

>>56971773
Timeline is that since Cathie's final deadline is early January and they want to avoid giving a single ETF first mover advantage...

>>56971747
how retarded do you have to be to show SOXL outperforming the underlying over 5 years of buying and holding and think you proved anything lmfao

>>56971792
Can you pill me on the Save thing again?
I want to get in at the last minute. It sounds pretty interesting.

>>56971775
Bullish MSOS

>>56971734
Anon.. the year before there were less flights because of COVID hysteria... Obviously there would be an increase this year

>>56971747
Ok, if I put 10k in UPRO when the fund was created, and the same date you called me an idiot and put 10k in SPY, how much money would we both have?

What if I also withdrew all of my money from it after the biggest turn down in the last 5 years, at the beginning of 2020 and I timed the bottom perfectly when I withdrew, and you kept your money in SPY until now while I left it in the bank. How much would we both be worth?

I'm guessing because UPRO is so bad, you'd be up in the first scenario, and WAY up in the second, right?

>>56971812
In 2022? I flew in 2022. No one fucking cared.

>>56971744
Nightmare fuel

>>56971802
Here's the nitty gritty; JBlu is forking out 29.80 for every SAVE share you own. Every month till the close day you also get a 0.10 divvy per SAVE share while you wait.

>>56971191
Why is btc dumping ahhhhhh

>>56971779
I lost a lot of my covid profits, but most of that was from pure gambling. I’m too stupid to predict anything, so I should probably Bogle

>>56971624
Because (you) wouldn't stick to the strategy and make excuses to keep holding or delay buying back in

>>56971837
Got it.
I might tomorrow depending on how hungover I am.

>>56971802
Not that anon, but I bought calls, and even with all the crabbing and other bullshit, I'm still in a decent position. Hell, my position that expires this week closed up +23.54% today, but it was getting heemed for a while there. Over a 50% chance of it happening. The government's argument against it is bullshit, as the airline is a la carte. If you want to change your seat, have a carryon, checked lugguge, etc. like on a normal plane, they're more expensive, especially if flying as a family.

>>56971822
That's interesting because jannies banned me literally every single day I posted making fun of COVID and 90% of /smg/ was quadruple vaxxed and boosted and called me a schizo the whole year (I am but schizos are right)

You see none of you go to the gym so you "trusted the science" instead like a bunch of fags and locked yourself inside wearing 4 masks while I sucked on stripper tiddies in vegas

>>56971802
Here's a pretrial writeup someone linked once: https://twitter.com/Jackedtothetit1/status/1719103949540597935

Basically JBLU offered to (over)pay like $30/share for SAVE and the DoJ sued to block. The DoJ has no case but was hoping to get some libtard Obama judge assigned.

Instead they got a Reagan-appointed Boomer who 1) quoted Reagan saying some shit about "freedom can die out within one generation" before adjourning to Veteran's Day recess and 2) promised to work quickly (expectation is he'll issue a verdict in January, give or take a month)

So will we get a curveball delay or injunction? Maybe. And maybe JBLU negotiates the price down to $25 or something.

But will the merger get blocked? Shit, I'd be surprised. Though if it does, SAVE's gonna plunge to mid single digits.

>>56971842
Fuck Bogle. It's no fun without shorting.
God I'd hate to get rich on VT. Nothing feels better than waking up in the morning and looking at the list of companies you researched and seeing them doing well. That's such a warm feeling. It's almost as good as socializing.

>>56971690
Retard. Your only cope is praying that we go back to 2010. That's always the fallback cope: A backtest, a gamblers fallacy, a delusion that because someone won the lottery once, it must be profitable for you to buy tickets too.

You don't understand the structural impacts of a wave of retiring boomers. You don't understand the population demographics of the future workforce. You don't understand the global economy. You don't understand real vs nominal interest rates. You don't understand basic market cycles. You don't understand that there is value in having even somewhat reliable access to money vs risking a 90% drawdown that would almost certainly align with the exact month you get laid off. You don't understand the cost of leverage, the 1% management fee, or even truly understand beta slippage. You don't understand volatility in the slightest. You don't understand fundamentals. You don't understand cashflow or dividends. You don't understand derivatives. You don't understand compounding or the difficulty of continuous exponential growth at ever greater scale. You don't understand what you're reading, or even what you're writing yourself. You don't understand life. You don't understand death, whether instantaneous or via thousands of cuts from the endless nickle and diming over fees. You don't understand tax efficiency. You don't understand. You don't understand anything.

>>56971843
but i have stuck to the strategy exactly.
it does take discipline though.

>>56971854
Web moderators have their head up their ass. Even the best ones like Dang on HN always do that. If there's anyone you should ignore when evaluating what you see in the world it should be them.

>>56971869
Retard. Your only cope is praying we compare the one day it reached the all time high to today.

I didn't read your second paragraph. And won't until you answer my question on the returns. Feel free to do the calculations again in 2010, 2011, 2012, 2013, 2014, 2015, basically any year except 2021 and 2022.

>>56971815
>SPX has a pull back
>UPRO dies
>SPX recovers
>UPRO down in the shitter
>2 years pass
>SPX has a pull back
>UPRO now even more in the shitter
>SPX recovers
>2 years pass
>SPX has a pull back
>UPRO becomes a penny stock
do you understand how these things compound every time ? i really am running low on ways to explain it to you that you are holding something that is simply not designed to perform as a 3x of SPX over a long period of time
you cant do math
pictures dont help
the jews that made the product cant explain it to you
but you have this trillion dollar idea that relies on the market having a never ending, never having a single pull back run in whcih case you can hold literally anything and have infinite money
if you want to live in that perfect world - get a loan from a bank and keep buying calls on SPX, its higher leverage than UPRO and higher gains, maybe experiencing how leverage can make AND break you will teach you what you dont understand

>>56971875
The SOXL fags always out themselves with their 4-5 fig accounts.

>>56971855
I got fucked messing around with Twitter when Musk was doing this. I was right, just a couple weeks early.

>>56971895
Can you do these calculations for me? The other dude is afraid to: >>56971815

>>56971854
Well COVID wasn't a joke thing man. If you were old or had some immunity weakness you more in likely could've died or felt like you were going to. Now sure if you were in prime health and age then it was a nothing type thing. But I still got the shots (3 of them). They did a big fat nothing to me. Other people felt sleepy,etc but considering how I'd feel if my say 70 year old Aunt died over it due to the fact I was to stupid to get a few shots well yeah I'd rather take the few shots and hopefully enjoy time with my aunt and other family more.

>>56971903
i own 57,140 of SOXL
30,806.81 of TBIL
and about 43,000 dollars of SPY
post your account. let's see your YTD gain/loss.

>>56971892
>(you)
https://www.investopedia.com/terms/g/gamblersfallacy.asp

PILL breaking out!

>>56971895
Fucking niggers cant exp(x).

Our God is an awesome God.

>>56971833
Go on TikTok and look at all the blacks and females showing off the pilot jobs lmfao.

>>56971949
https://www.youtube.com/watch?v=ybGAg0dXJUw

>>56971778
nope.
This is the meltup, abandon all hope we bobos who tread here.

>>56971925
Yes, if you think SPY won't keep going up over the next 5 - 10 years don't buy UPRO. I've been saying that the whole time, if SPY isn't increasing don't buy it. I think SPY will keep increasing, so I'll buy it. Feel free to go all in in T-bills if you don't think that will happen.

Only two more nights. Happy Hanukkah guys.

>>56971946
No shit. You buy some?

>>56972002
I'm really tempted to pretend being jewish to get a job.
I tried pretending to be Mexican when I applied to Intel and I think they black listed me.

>>56971921
>Shots didn't work
>Except Johnson and Johnson it definitely worked (at killing people)
>They told me I need the shots (that don't work) to see my family

You fags are hopeless

>>56971792
>As of November 29, 2023, GBTC’s AUM was $23.4B and it was trading at a discount of 8.09%, or $1.89B. This means that upon GBTC uplisting to NYSE Arca and becoming an ETF, approximately $1.89B of value would be unlocked for investors through the arbitrage mechanism, assuming the current discount disappears.
So bullish. But anyway I still don't think the ETFs will be approved.

>>56972024
Have you considered PLTR? https://www.foxbusiness.com/markets/palantir-offers-opportunity-students-looking-flee-antisemitism-campus

>>56972024
>>56972002
I have 2% Native American. Maybe I can pull it off.

>>56971913
>look at this perfect run
>surely it is never ending
look at SPX's price, thats what the market properly zoomed out looks like
dont like SPX ? check out DJI, thats the DOW, or IXIC which is the composite NASDAQ
there are shitty moments where these indexes cannot recover for years, what do you think happens to an etf that is bleeding 3x as fast as the index ? prices can and do go down to zero anon, it is not a meme
good times today does not mean good times in 10 years and owning a product that goes to zero if an index drops 30% means you'll have literal 0$ in your brokerage
2000s - SPX lost 40% of its value, IXIC lost 75% of its value, DJI was perfectly in comparison
SPX and IXIC 3x leveraged products hit 0 if someone was retarded enough to keep buying them

>>56972030
My last job they harassed me about not taking it or submitting a religious exemption.
After that I got ready for them to fire me and it took them like a year and a half.

>>56971923
>let's see your YTD gain/loss.
Luckily for you schwab wiped it last month, but simply put my YTD gain is larger than your whole portfolio.

>>56972045
No I don't to *be jewed* I want to jew them.

>>56972046
In that case go make your own micro country in Nevada and live off the taxes from your citizens.

>>56972052
and yet you still significantly underperform what i've been doing. unfortunate! i started at zero dollars 3 years ago. i'll pass you soon enough, don't worry.

>>56972046
Like I can buy a bunch of mining claims and we can turn it into our own country, you just have to name me an elder and put something in there that makes me and my family tribal too and we can pull it off.

>>56972044
>So bullish.
Except once those shares instantly start trading at NAV, what, you think everyone holding them in traditional brokerages will... exchange for BTC that they dump on crypto exchanges to get dollars that... they could've gotten from selling their GBTC shares anyway? I'm not sure what mechanism is supposed to play out here.

>I still don't think the ETFs will be approved.
We're just guessing at the future but if you have evidence or reasoning, I'd love to hear it.

>Will I get a hair cut?
>Will I see an orthodontist?
https://www.youtube.com/watch?v=W-4ZXPImtag

>>56971482
You cant pay taxes if you never make a profit, which describes 99% of "tech"

>>56972091
Oh shit, late night baggot. Something I have always appreciated about you is, for the last 7 years, you have been remarkably, and consistently, a dirty jew nigger. i have a lot of respect for that all things aside.

>>56972072
>>56972091
Could we start a microcap pennystock mining company?
What would we name it?

>>56972083
>i'll pass you soon enough, don't worry.
Doubtful. Most likely you'll sell SOXL at around $17 after holding through a 50% drawdown, and then I'll laugh at you again.
The 30k in T-bills indicates that you're not fully committed either, so even if you stay mentally stable enough to avoid blowing up on some bullshit, you'll probably just slowly transform into a less volatile portfolio composition once you approach mid 6 figs after another decade of depositing paychecks. This is the real reason that no one holds SOXL past low 6 figs.

>>56972144
how the fuck is he that old

>>56972002
...w-what happens in two nights?

>>56971987
i really do want to double down on my opinion that if you want leveraged exposure to the SPX there are better ways than owning a leveraged etf over a long period of time
highly risky, highly profitable - options with a long enough time frame if you are right they will pay out big
if you have a strategy, crystall ball or perfect hindsight to buy at just the right times they will make you more money
a pullback can destroy you even faster than UPRO if it happens at the wrong time but thats not a problem for perfect timing man
at least you'll go broke faster and off yourself faster to stop shilling garbage

>>56972156
He looks happy though.

>>56972050
My manager asked me if I had it. I said no and I'm not getting it or I'll quit. He never asked me about it again

why can't i stop buying puts? i've lost ~60k this year. feels bad

>>56972172
HR emailed me multiple times about it.
It really fucked with my head.

>>56972183
People will cannibalize whatever group the government tells them is the boogieman and then after the bodies are buried everyone will forget it even happened. It's pretty wild how normies behave in large groups when fear is used

I love how the government takes 50% of my earnings, and I've been earning 6 figures for years but I'm still struggling to escape poverty

I have no idea how people survive earning less than $100,000 a year

>>56972153
portfolios far larger than yours posted here years ago. they were almost fully invested in SOXL or TQQQ. presumably they retired after making it.
the TBIL position i keep because i need that money to be liquid, stable, and not in my main investment strategy.
the longer it stays above the 200 SMA, the more calls i can sell, and the faster it all ramps up.
all it takes is discipline and calmness in the strategy. doesn't matter what the dollar amount is.

>>56972180
I lost this holding oil too long
you will feel better after opening a new position you believe in

>>56972030
I didn't get covid. Did the shots help? I dunno. But was I going to be a stupid asshole and maybe cause the death of my family by not getting said shots? Hell no. I didn't want to find out so I got them. Maybe they worked. Maybe they didn't. Maybe the loads of people who died would've died anyway if covid never was a thing. We'll never know.

>>56972104
The man needs some voice training at the very least.

>QQQ still going up, almost 3 dollars up just after market
This shit makes zero sense

>>56972146
Lumcum Mining

>>56972146
Yeah but then we have to open our Financials and defraud the investors but they're going to want the leases on the land. Why don't we just keep it private. We need a name for the nation.

Hahahahahahaha where are all the faggots that were saying shit like pic related earlier?

LMAO

>>56972206
>It's pretty wild how normies behave in large groups when fear is used
Don't even need fear. They're literally being hypnotized.

>>56972221
>doing ta on a 3x leveraged etf instead of the index it folllows
>selling options on a 3x leveraged etf
jesus christ we have reached peak reddit, i truly hope the market gets destroyed, and i alongside it, so you faggots fuck off

>>56972262
They're still long, they always were.

>>56972227
>The shots work
>I got mine
>You need to get yours to protect me

Two digit IQ

>>56972262
Everything until march is bing bong wahoo bullshit.
Go get some 2% milk and peppermint schnaps before you go to the market tomorrow. It will make things easier.

>>56972266
i'm not doing TA on SOXL, it's done on SOX lmao
the market did get destroyed when i was in SOXL. I followed the strategy. i came out far ahead.
>selling options on a 3x leveraged etf
this is what makes SOXL so great. the premiums for calls that require a multiple standard devations upwards move to become in the money.

>>56972280
Why March?

>>56972096
>you think everyone holding them in traditional brokerages will... exchange for BTC that they dump on crypto exchanges to get dollars that... they could've gotten from selling their GBTC shares anyway? I'm not sure what mechanism is supposed to play out here.
are you saying people will dump gbtc for btc? when theyre converting to an etf?

>>56972238
No we name it Warrenites Mines. In honor of Elizabeth Warren for giving us the courage and strength to use our heritage for maximum personal benefit.

>>56972096
>if you have evidence or reasoning, I'd love to hear it.
Until you get a different SEC chair, or a different administration, I doubt there will be a spot ETF.

If Trump wins, I think the spot etf is a near certainty, but that's only after he wins.
I think the timeline will go something like,
>ETF gets denied
>bitty nukes back to earths core
>trump wins, the etf gets approved,
>2025 the ETF starts trading, marking the picotop
I think Bitcoin will go to one million per fwiw, I'm not bearish on crypto

>>56972180
I thought I was bad for losing 5k on sqqq
Also, does loss harvesting keep me at a lower bracket or just balance our future market gains

>>56972294
It's historically statistically likely to be the month things come apart based on the initial curve inversion.

>>56972300
Ticker symbol WARM

>>56972180
I keep thinking we'll get some sort of pullback, but everytime the last few months it just jumps up 10 more dollars

>>56972207
Lol I make 22k a year and have ~70k in savings

So until then buy calls on whatever bullshit you fancy.

>>56972294
Maybe that's when Powell pulls out another rate hike from his back pocket. Or all the credit card debt people toss in the towel cause they can no longer make the payments and pay their other shat to.

>>56972266
There is no downside to selling calls on a 3X.
The premiums are insane and in the WORST case you roll them out to the earliest date you can collect a debit, which is equivalent to not selling them at all

>>56972330
Lol he's cutting in March or June.

https://www.youtube.com/watch?v=Lnr93b8p8bQ

>>56972301
>Until you get a different SEC chair, or a different administration, I doubt there will be a spot ETF.
I think he would have kept declining it until he got that court loss. now the sec will probably have to approve it. hence why blackrock and other larger more mainstream firms submitted an etf proposal. the court case gave them the leverage to do it now.

>>56972324
Oh and I live in DC lmao

>>56972225
but i still believe in SPY @ 320 :(
>>56972319
tell me about it. don't want to stop cause i'm scared it'll crash as soon as i do

>>56972367
What a shithole. I'm glad I left.
My ex is flying in next week and I'm not really looking forward to driving up to meet her.

>>56972221
A different era. A gamblers fallacy. And it was literally one guy, who you all idolize for providing retarded advice that immediately lead half this general to 50%+ losses in the months after he disappeared. Not me though. I'm up 4x post-tax since covid and sitting comfy.

>the longer it stays above the 200 SMA, the more calls i can sell, and the faster it all ramps up.
lmao. Check out QYLD vs QQQ. Blindly selling covered calls isn't free money.
If you're doing this you're not even really following leveraged rotation. You've just invented your own trash where you go 30% into 3x leverage, pay fees and suffer choppage out the ass, and maybe grow 10% per year. Makes sense now why you just larped about massively outgrowing me without actually providing your own YTD%.

How much TMF have you guys bought this month?

>>56972371
That's what I keep thinking, for some reason when I want it to do down we get news and it shoots up for some reason. But when I want it to go up? Shit like the Facebook meta earnings report happens were the report is good, then it drops 20 dollars overnight

When SOXL went from 8 to 16, I won a great victory. I felt in that moment I would live to see Overleveraged Semiconductors hit a hundred per share. Now I know I shall not see the next share split. None of us know our end, really, or what financial hand will guide us there. A hedgefund may buy shares for a man, a broker may diversify for a client, but that man can also manage his own investments, and only then does that man truly begin his own game. Remember that howsoever your finances are played or by whom, your soul is in your keeping alone, even though those who presume to play you be politicians or brokers of money and power. When you stand before God, you cannot say, "But I was told by others to invest in thus," or that monetary virtue was not convenient at the time. This will not suffice. Remember that.

>>56972397
robin mask got a glow up

>>56972371
>SPY @ 320
kek.
Well your best bet is that this is playing out exactly like Bitcoin did in 2021, putting in a double top, before making new lows next year.

But I am not so confident in that idea, even though it'd be nice to buy me some cheap NVDA at 180.

It's a stretch, you'd need a strong recession for it to happen.

>>56972384
comparing a covered call ETF to selling deep out of the money calls when a 3x ETF is nearing 52 week highs isn't even remotely close to being the same.
i'm 100% into 3x leverage. TBIL is my bank account. schwab also wiped out my YTD gains with the TDA merger, but i'm +23% over the last 30 days. i can calculate it from the thinkorswim account statement tab if you wanna do the same.

>>56972207
Same.
Tax man fucks my ass every year

>>56972266
Are you fucking serious?
>>56972294
That's when the mainstream media is talking about how the shit market (Christmas was a flop, after Cyber Monday and Black Friday both miss).
Last three years people bought durable goods that usually require a loan, now all those companies are hosed.
Real estate boom leads in a crab and crash of furniture companies and exercise shit, casinos crash, just go back to Jan-Feb 09, or even middle of 08, and go forward year by year and see how what companies gained the most and how they did it. I'm taking notes this time.

>>56972316
>Ticker symbol WARM
>>56972300
>In honor of Elizabeth Warren
uh... is she still alive?

lol futures going ham. the last vestiges of imminent crash based holdouts are bailing it looks like. everybody in on the doom bull until further notice.

When I start "living my life" I'm buying an organ.

>>56972477
also USD plummeting hard

>>56972477
This is why I don't get drunk during market hours. Now I have to cover my shorts. FML.

>>56972480
Nice.

>>56972480
my neighbor growing up designed his house to fit a massive organ in it, also shaped so the sound wouldn't echo. He mainly used an electronic one though.

>>56972380
>My ex is flying in next week and I'm not really looking forward to driving up to meet her.
Dude, don't. Fuck that.

>>56972496
I've always loved how they sound and I can site read sheet music.

>>56972384
Hey you huge fag I'm up 153% ytd from just holding SOXL, u mad? Lmao

>>56972504
I'm not going to. She just wants me to take her out on my yacht.

>>56972477
>lol futures going ham. the last vestiges of imminent crash based holdouts are bailing it looks like
checked. December rally into eoy close. anyone with puts holding overnight is fugged.

>>56972523
Based. Enjoy the airport hotel bitch.

>>56972309
You can apply like 3k/year of capital losses against ordinary income. Otherwise they can offset future gains and be carried forward from year to year.

>he didnt buy SLNO to be up 1661% YTD
ngmi

>>56972537
Nah I sleep on the boat. It's free and I don't have to deal with all the freemason shit.

>>56972286
>the market did get destroyed when i was in SOXL. I followed the strategy. i came out far ahead.
You quite literally sold SOXL at $15 and bought back at $17
You did not come out "ahead". Anyone simply outright holding SOXL is outperforming you YTD. If they used their brain and bought the AI boom, their basis is significantly cheaper. If they have a brain they probably bought NVDA directly though, rather than trashy leveraged ETF products.

>>56972561
So you're just going to ignore >>56972518 hahahahahahahahaha you retards are all the same

>>56972161
Well we run out of candles and then we have to rug pull the markets.

>>56972161
>>56972575
Sorry

>>56972575
Superior advent lasts until practically the end of the year.
Jesus rose from the grave and continues to dunk on you.

>>56972299
>are you saying people will dump gbtc for btc? when theyre converting to an etf?
I'm not, but I've heard people bandy that argument about. Like GBTC is a pile of Bitcoin locked up and about to be dumped on the market, a la FTX settlement or Silk Road seized coins.

>>56972301
Like >>56972362 said, I think the court case boxed them in. It's either approve the ETF, backtrack and ban BTC and ETH *futures*, or get bitch slapped again in court.

And let's not forget, in addition to Blackrock fees, there's not wanting to piss off yet another demographic during an election year and wanting an extra inflation sink (money parked in BTC gambling isn't spent bidding up stuff actually factored into CPI).

>>56972575
Can't rug pull the market without red candles. Checkmate Jew.

>>56972561
>You quite literally sold SOXL at $15 and bought back at $17
yes that's what the strategy demanded unfortunately.
>Anyone simply outright holding SOXL is outperforming you YTD
i never said otherwise, but i'm not willing to take the risk of a 99.99% drawdown with a buy and hold strategy. they took on more risk, and got more reward.
>If they have a brain they probably bought NVDA directly though, rather than trashy leveraged ETF products.
the same trashy products that are mogging you YTD? there's always unicorn individual stocks out there that can win out. nobody knew NVDA was going to do what it did ahead of time.

Are you broke and have only 10 bucks to invest? Then check this guide

pastelink
net/otwefxhp

6

>>56972558
I meant her.

>>56972554
I wonder how that anon who gambles on penny bios, hedging with LABD, is doing. He didn't have a lot of money, but a spreadsheet and a lot of heart.

>>56972518
>u mad? Lmao
Nope. If you're swing trading it using a real thesis that's awesome. Congrats. It's probably not the best play you could make for whatever your thesis is, but it's pretty low effort.
If you're bagholding from 2021 or earlier then I am laughing at you. If you're some newfag that started investing in 2022 and thinks this game is always free, then I'm prepared to laugh at you later.

Since you say you're holding SOXL, it's already a given your portfolio is 5 figs. You'll make it someday.

baking

>>56972582
you let the candles burn out it is all over for you

>>56972599
>they took on more risk, and got more reward.
You sold the literal bottom. Where was this hypothetical risk you avoided?
You sure you're not just delusional?

>>56972583
>implying Jesus is actually in control
Hows that superior advant going him in Hagia Sophia tonight?

>>56972606
baking
>>56972606
banking
>>56972606
baked

>>56972613
do you mean "poor fag anon" i saved his stocks in a watchlist out of curiosity how it will play out, its BAX, BCRX and MRK
did not write down when i did it though so can't tell if he is up or down on them

>>56972658
Nah, I think they were actually smaller tickers. Ones waiting on FDA approvals and shit.

>>56972623
I put them out retard.

>>56972587
It'll just limit down Sunday night when futures open. The hedges won't even get hurt because opex is over. Retard.

>>56972632
SOXL's bottom this year is something like 9 dollars. i avoided a potential deeper market reversal following the basic momentum strategy. it didn't pan out. that's fine. i just jump right back in and capture the bulk of the gains anyway if that happens. small price to pay to avoid the 99.99% doomsday scenario.

>>56972664
and now you are going to hell
I don't make the rules

>>56972618
I bought all last year when a bunch of idiots here were screeching about muh chop and all the other doomer memes. I just don't understand the attitude of "yeah well u could have made MORE if u did it THIS WAY" when I'm already up an extra $13k for the year without having to do anything at all

XIABROS

>>56972665
>SOXL's bottom this year is something like 9 dollars.
In January. lol.

I have no problem with swing trading, but your mechanical swing trading strategy is pretty sub-optimal. And then you constantly talk shit about some hypothetical gains while SOXL is up, but we both know full well that your strategy compels you to sell out after the next 50% loss.

>>56972582
where is the infant? I thought you were supposed to wait until the end to eat it.

>>56972741
obviously the strategy, and SOXL in general, is far better in a less volatile upward trending market.
50% is a bit overstated though. doesn't really happen with 200 SMA rotation.
yes, if it pumps 100% and then goes down 50% that can happen, but those are outrageous moves that we aren't ever likely to see.
in any event, i'm willing to take the occasional false signal to avoid 99.99% losses.
the basic momentum of this strategy works quite well, as does momentum strategies in general not involving 3x etfs.

>SOXL: 4.77%
>JNUG: 14.00%

With confirmed rate cuts next year, this marks the end of the tech cycle. Good bye SOXL. Hello JNUG.

>>56972171
No he doesn't, you can tell forced smiles from genuine smiles by the wrinkles around the eyes and that smile is dead as fuck in the eyes.

>>56973101
GDXU and LABU make up most of my Fed Day LETF portfolio.