I came into the week short the Qs, via $SQQQ, which has been a little painful this week. Yesterday, the NASDAQ made a fresh high, completely wiping out the Pandemic of Covid-19. Today, the Qs, made a fresh new high, before retreating back down. Can we sit here for a second and appreciate this move off the lows? (See chart below):
Anyone who has tried to short this market has had a difficult time as of late. I am guilty of a few cuts myself. The question now becomes, are buyers exhausted? or do we start to enter a euphoria phase, sending us much higher, dragging more dead short sellers along the way?
I can’t call it, but I do have a master screen in Exodus which shows me what people are buying. Apparently, the penny stocks continue to give the best action. Today was all about XSPA, and what a day it was. BIOC jumped on the screen midday, and the small oils populated the list throughout the day: CPE & RIG. The Airlines even jumped back on today’s screen.
So we got penny stocks and airlines. That doesn’t leave me feeling too bullish overall, but the dash for trash continues. Let’s see what these two can do for us tomorrow:
Note: Here is today’s full screen: CLICK HERE FOR CHARTSIf you enjoy the content at iBankCoin, please follow us on Twitter
I just bought a brand new BMW after having made $6375 this past one month and just over 12k last 4 week. This is the best and most financially rewarding job I’ve ever had. I actually started this few Weeks ago and almost immediately started to bring home minimum 74BUCKS p/h…………..…====►► Read More
If you only make $6,375 / month you can’t afford a BMW.
Drillerzzzzz through the roof !
Getting paid every month easily more than $16k just by doing simple job online. Last month i have exactly received $16839 from this online job just by giving this 2 hrs a day online. Now everybody on this earth can get this job and start earning more cash online just by follow instructions here……..for more info visit any tab this site Thanks a lotCopy Here………
====>>> SeeMore here
I made $81,000 so far this year working online and I’m aade such great money. It’s really user friendly and I’m just so happy that I found out full time student. I’m using an online business opportunity I heard about and I’ve mabout it. Here’s what I’ve been doing………………..Read More