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Assuming Powell and mates are done pumping it.Last nights SPX...

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ProfessorBen

8,333 Posts.

1032

05/03/24

21:20

Post #: 72760273
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Originally posted by Calvo: ↑

With CDF overnight holding costs pretty high - holding a $1m position for few days is pretty expensive these days and I like holding onto few days at least.

UVXY ETF - Short term Long Futures VIX could be a nice alternative to trade with 0.95% expense ratio makes it pretty cheap. If Powell states tomorrow that inflation is a problem and there will be no rate cuts then could be one that may do well.

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Assuming Powell and mates are done pumping it.

Last nights SPX pump and dump in the final hour could be an indication some players have taken a short position.

XJO Value at posting: 7,724.2
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