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Bullboard - Stock Discussion Forum BETAPRO SP500 VIX ST FTRS 2X DLY BULL T.HVU

TSX:HVU - Post Discussion

BETAPRO SP500 VIX ST FTRS 2X DLY BULL > Why Strong Pullbacks
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Post by manxcan on Mar 20, 2018 1:53pm

Why Strong Pullbacks

A long sold, short placed. Why is because I-rate hike is already priced in to market. This action is about earnings and how will earnings cope with rising rates. The big move will come for sure mid May or July / August following Fed early June meeting at Jackson Hole. 

I look for strong action in mid May due to the meeting. High volatility and great HVU trade following June meetings. 

Glta Cheers Manx
Comment by LongGuy on Mar 20, 2018 2:13pm
Thanks for the info Manx. ...but I could do this all day....up a buck ...down a buck.  4x now...good day for me.
Comment by LongGuy on Mar 20, 2018 2:22pm
Although....we did bounce off close to $26 hvu 3 times today...so is that a signal it won't break resistance?
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