Community Message Board
Join our message board, where individuals can freely share thoughts and engage in discussions on a wide range of financial topics. It serves as the perfect platform for connecting with others that share a similar interest, fostering an environment where everyone, regardless of their unique financial journey, can contribute ideas and learn from eachother.
SLV Trading Near $27.29 Resistance
I shared my thoughts on how each asset class tends to perform after the Fed pivot, and surprisingly silver tends to trend down while gold tends to trend up. If this historical trend continues SLV is at risk of dropping down to retest the red resistance line around $21.30. The price has been struggling to […]Read More
SPDN is a Way to Hedge Against Stocks
SPDN should be perceived as a hedge against the stock market without using leverage. SQQQ and SPXS are 3x leveraged, meaning that for every 1% decline in QQQ or SPX will result in a 3% rise for SQQQ or SPXS respectively. I think SPDN will provide less upside and less risk for those who want […]Read More
SPXS Trading Within the Buy Zone
SPXS has dropped back into the buy zone between $7.06 – $7.19. I think SPXS has relatively less upside because the next key resistance level is around $8.24 at the yellow trendline. The majority of the stock market rally has been concentrated in tech stocks while most of the stocks in the S&P have underperformed. […]Read More