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Was holding TZA and VIIX today (held them through the close) which saved me from going red in the late sell off. Made huge gains on BYND and DKNG run up but gave some back when they broke resistance levels this afternoon. Held them through the night as well and worried about those.
AAL and LYV paid nice today, closed out LYV at the bell. Closed out AAL on a drop down this morning with the intention of reapplying the short but no shares were available to short and probably going to regret it.
I was expecting a pull back after hitting really strong resistance levels on S&P but not that big of a pull back, thinking that today's sell off into the close may be something bigger than just a slump but the last time I thought that it went up a ton the next day. Overall, I'm really confident we see a big sell off in the markets. Just not sure if that will be tomorrow or October. FED is making it really difficult to make money and the insider trading is running wild through the markets right now. Seeing so much shady stuff happening everywhere.
I honestly have no idea where this is going.
I heard three different very smart people today say we're in a massive deflationary cycle - and the Fed injections are actually aiding it.
Googling "how to make money in a deflationary cycle". Shorting is the obvious answer but I bet there's other ways with lower beta. One option is (not jokingly) bitcoin.