Black Friday Stock Deals

[Eric]

UDOW is on super Black Friday sale... Most retail investors are busy shopping at Walmart or flying home or other doing other family obligations today... Makes it an ideal day for the market makers to manipulate the markets hard.

[SOL]

UDOW is on super Black Friday sale... Most retail investors are busy shopping at Walmart or flying home or other doing other family obligations today... Makes it an ideal day for the market makers to manipulate the markets hard.

Well said, most will panic but that is what the mass mindset is all about, It panics when it should not and it celebrates when it is time to run.

[outof thebox]

UDOW is on super Black Friday sale... Most retail investors are busy shopping at Walmart or flying home or other doing other family obligations today... Makes it an ideal day for the market makers to manipulate the markets hard.

UDOW is good but I prefer TQQQ, which also appears to be on Sale. I will sell into strength and slowly move to 90% cash before the end of the first quarter. No pain no gain lol

[outof thebox]

SOL if you have the time, could you post a weekly chart of TQQQ. I want to see if i am doing the right thing or being a fool

[SOL]

SOL if you have the time, could you post a weekly chart of TQQQ. I want to see if i am doing the right thing or being a fool

Here you go, hope this helps

[outof thebox]

Thanks for the incredibly fast response and yes it helps more than you think. The response from you and your staff is beyond incredible.

[Tobeornot]

I am long at 162.70, i FEEL this is worth the risk let's if i win or lose. lol

[Eric]

UDOW is 3X Dow-30, which is down nearly 8% today.
TQQQ is 3X NASDAQ-100 which is also on sale but only a 3.75% discount today. I like TQQQ as well, I made over 100% on my TQQQ position in right about 1 year (closed that position 6-8 weeks ago).

I just converted about 25% of my cash-on-hand in my tiny hyper-aggressive portfolio to UDOW.

I'm debating maybe a little nibble at a DIA long call or maybe a nibble at URTY (3X Russel 2000) which is down nearly 12% today.

[Eric]

DIA December 31-2021 $375 strike are only about $0.50.... if the Dow could rally as high as 38,000 by year end that would be a handsome profit.

[outof thebox]

DIA December 31-2021 $375 strike are only about $0.50.... if the Dow could rally as high as 38,000 by year end that would be a handsome profit.

WTF you made it sound very sexy and the TQQQ chart looks good. So i bought 10 calls lets see what happens. As they say you have to be in it to win it

[Centeron631]

Eric did u actually buy any of the options as mentioned and Box the one u bought was it theTqqq play or the Dia Eric mentioned?

[Eric]

I didn't get around to buying the DIA calls but as mentioned I did buy UDOW (3X DOW) and did eventually buy URTY (3X Russel) although my URTY purchase was a little less than half the size of my UDOW purchase.

[Budge]

Now this is what you call a Black Friday deal!

"Bloomberg accidentally reports that Russia invaded Ukraine"

"The financial news site accidentally reported that Russia had invaded Ukraine Friday afternoon with a headline on its homepage."

https://nypost.com/2022/02/04/bloomberg ... d-ukraine/

"Accidentally" - well maybe not. Now for what most missed or ignored:

"What is known, from the chart above, is that 101,000 contracts in the E-mini S&P 500 futures traded at approximately 3:55 p.m. EST as the S&P 500 futures plunged, ostensibly as a result of that headline. That was, by far, the largest number of E-mini S&P 500 contracts traded in a short time span all day. If someone needed to exit a short position at a tidy profit, that was a very convenient headline."

The article points out other facts about Bloomberg and concludes: "This is not the profile of a business that we can reconcile with an independent news organization covering Wall Street." Ya think!!

https://wallstreetonparade.com/2022/02/ ... old-story/

[SOL]

Now this is what you call a Black Friday deal!

"Bloomberg accidentally reports that Russia invaded Ukraine"

"The financial news site accidentally reported that Russia had invaded Ukraine Friday afternoon with a headline on its homepage."

https://nypost.com/2022/02/04/bloomberg ... d-ukraine/

"Accidentally" - well maybe not. Now for what most missed or ignored:

"What is known, from the chart above, is that 101,000 contracts in the E-mini S&P 500 futures traded at approximately 3:55 p.m. EST as the S&P 500 futures plunged, ostensibly as a result of that headline. That was, by far, the largest number of E-mini S&P 500 contracts traded in a short time span all day. If someone needed to exit a short position at a tidy profit, that was a very convenient headline."

The article points out other facts about Bloomberg and concludes: "This is not the profile of a business that we can reconcile with an independent news organization covering Wall Street." Ya think!!

https://wallstreetonparade.com/2022/02/ ... old-story/

Now you get an idea of how news works. Articles are pre-written, so as it as soon as it occurs they publish their version of it. In order to do this someone has to be privy. This trend of fake news, fear, hysteria, which will push individuals deeper into mass psychosis will only worsen in the West. it pains me to say that but unless they stop miraculously printing money tomorrow, the trend will worsen. I was being very optimistic when I said the best scenario calls for this trend to last 18 years. Well, in the worst-case scenario we are looking at 45 to 60 years. So taking a middle of the road view, 30 to 36 years of tough times where freedom vanishes and the police state takes over completely.

Health and freedom are the most essential things after oxygen. Without Health all the wealth is worthless. And without freedom good health is almost pointless

[Budge]

This trend of fake news, fear, hysteria, which will push individuals deeper into mass psychosis will only worsen in the West. it pains me to say that but unless they stop miraculously printing money tomorrow, the trend will worsen.

Perhaps "money printing" is now an outmoded term. By reviewing the Fed's balance sheets Daniel Amerman maintains money printing is only one of the methods used to raise money:

"..there was $2,038 billion in physical currency in circulation as December 30th of 2020. There was $2,187 billion in physical cash on the Fed balance sheet as of December 29th of 2021.

This means that the public records show that money printing was a net source of $149 billion in new spending power for the Federal Reserve in 2021."

"the primary funding for the Federal Reserve radically changed in 2008 when emergency legislation brought forward the effective date of the Financial Services Regulatory Relief Act of 2006....this new back door access allowed the Fed to quickly grab almost $800 billion from the nation's banks - that are funded by our deposits - and to use that money to rescue the global banking system....It was our bank accounts that were the source of funds that the government used to shower the country with stimulus checks, sending us back our own money in redistributed form."

http://danielamerman.com/va/ccc/I6Print2021.html

However, he now points out where the Fed has moved on to raise the really big bucks:

"The current fast-rising risk - that is, indeed, invisible to most people - is the Federal Reserve's increasing dependence on the high-risk strategy of using massive amounts of overnight reverse repurchase agreements (reverse repos) as the long-term source of funding for the national debt."

"When the Federal Reserve borrows via reverse repos, it is essentially pawning its ownership of the national debt, pledging the US Treasuries that it owns to get cheap, overnight borrowing rates. It then borrows the money again the next day, to repay the money it had borrowed the day before. And if that sounds like a much flimsier, high wire act method for funding the national debt than just "printing the money" - that is exactly right, and this is a potentially life-changing systemic risk to us all."

"...in 2020 the Fed was not relying on reverse repos to fund its increased purchases of the national debt. The amount of outstanding reverse repo borrowings fell by $127 billion.

That radically changed in 2021, as the Federal Reserve changed its preferred new source of money from our bank accounts to massive borrowings via reverse repos. The Fed borrowed $1.7 trillion from net new reverse repos - the most money that it had ever borrowed from a single source in one year.

The Federal Reserve got about 11.5X more money from reverse repos than it did from money printing. The Fed took in 91% more money from pawning its ownership of the national debt than it did from using its back door access to our bank accounts."

http://danielamerman.com/va/ccc/I8ThirdSource.html

"Relax - this won't hurt."
Final line of Hunter S. Thompson's suicide note.