BETAPRO SP500 VIX ST FTRS 2X DLY BULL T.HVU

Trump effect on stocks market and gold

[MayorRobFord]

I would take caution on his "gold will come back with a vengeance" if/when stock plummet. Gold itself is in a bubble of its own. Looks like Contraman got F'd with his HGU trade. Looking for a bounce short term.

[MayorRobFord]

Sorry here's the link to the article i was referring to: https://news.goldseek.com/Zealllc/1478883637.php

[curiousbuild]

$NUGT is down 40% this week.. I'd like to see June lows first on gold miners like $MUX.TO(closing gap at 2.90) and hold for a while before going long.. playing leverage ETFs could make you rich or broke quick.. timing is everything and nobody is capable of doing it perfectly. As for HVU I am not touching yet.. may be S&P to test new all time high? Why not? Delusional markets got no limit

[MayorRobFord]

I never look at the market being delusional, moreso on HVU holders. Without the Clinton FBI bullshit dropping the S&P, and with a Clinton win, I was hoping a major correction soon after, but with Trump, he will actually delay the big correction since it dropped already, and he will want to suck up to the markets with Yellen like he's done just after being announced the winner.

[curiousbuild]

No I don't think any Hvu or 3x ETF players are delusional either, that would be disrespect to folks. I was talking about markets in general.. now with Trump four years ahead people are betting on infrastructure spending so steel copper zinc etc may go higher.. when commodities are strong not sure how we get market correction.. It was funny that capitalist Trump said markets were in bubble but

[MayorRobFord]

looking for a dead cat bounce in gold miners, and a dip in biotech, temporary at least. JNUG and LABD.

[curiousbuild]

Yellen is speaking on Thursday at 10 am, may be bit more sell off on gold prior to that day and relief rally? I will be on sidelines till then? CB

[darthsidious666]

From what i see in fx and bond markets rate hike is clearly on the table and expected.

[bulltraderr]

Overall Gold seasonality & little more...https://www.investopedia.com/ask/answers/040915/what-seasonal-trends-exist-metals-and-mining-sector.asp . DYODD before investing!

[bulltraderr]

Overnight decision by the GOI (on Nov 8) could bullish for Gold in the long term IMO. India is the biggest gold buyer & in the recent days Indiaa Government decided apply restrictions on any undeposited cash. Public has only few days to deposit the old bills of RS 500 & RS 1000 with a proof of income.  Because of these restrictions in place to deposit, tons of people are throwing

[bulltraderr]

Forensic unit is still investigating those RS 500  & 1000 bills which were burned & thrown in the garbage. Most probably it was counterfeit currency but even real old bills can't be used anyway.

[BongHolekash]

This post has been removed in accordance with Community Policy

[bulltraderr]

Over 75% of the times HVU goes down on Monday mornings, so it not a good hold over the weekend unless you are expecting something dramatic. Now they have until Dec 30  to exchange those bills (some BS going on). That change could be postive for gold/bitcoin because those people might walk away from real money in the future & start dealing with hard assets. Yeah, sure it's a big

[bearishbull00]

I wonder if HVU is a safe buy under 3$?

[favelle75]

Guess this is the 25% of the time. lol