Tomorrow could be the big up day everyone is looking for. (of course Skynet could just be sucking you in to empty your pockets) The big bounce... The whole enchilada... For all of you that have not been hedging your positions.... I am telling your mothers. Stocks and ETFs for tomorrow.
The markets are looking sloppy joe so buyer beware. We could bounce 300 points from here, but I think the damage has been done. All the great setups I am seeing are on the short side. I have sell triggers on about 10 stocks that look like death. I won't publish the names of these companies because I believe the average joe investor shouldn't short stocks. They should use inverse etfs to hedge their risk. Right now I am mostly in cash waiting to see what happens next. Good luck and may the trade be with you....
Well the market's Kung Fu is very weak and its getting its butt kicked. But why am I smiling?? My little buddies called SDS, VXX, and CASH. Guys please hedge your positions with stuff that goes up when the markets are weak. I don't really like buying the dips in these conditions, but I think these stocks and ETF could be interesting. Click on the picture to see some awesome Kung Fu action
