The European talking heads will be moving the markets next week, IMO. If they say the wrong thing this weekend, market goes down. Bank holiday in US on Monday, so will be a slow day.
Anyone mess around with UVXY. It's a crazy ETF that has dropped from $2500 a share to 28, and that's after a 10-1 reverse split.
Very strange goings on there. Almost a license to steal, as price continues to erode, as if by plan. Don't know how they get away with it. They put out an ETF, price it at $2500 per share, and short it down to $2 and change, split adjusted. Short any pops there though if you can. It 'pops" when the market goes down.
Anyone mess around with UVXY. It's a crazy ETF that has dropped from $2500 a share to 28, and that's after a 10-1 reverse split.
Very strange goings on there. Almost a license to steal, as price continues to erode, as if by plan. Don't know how they get away with it. They put out an ETF, price it at $2500 per share, and short it down to $2 and change, split adjusted. Short any pops there though if you can. It 'pops" when the market goes down.