Market Overview

  • Premarket Up
  • BTC Down
  • Gold Up
  • WTI Up
  • Brent Up
  • Bonds Down: Yield stays inverted.
  • Vix Down
  • 30 YR US Treasury: The lowest since 2007. Remember that was right before the financial crisis.
  • Crude Oil Inventory at 10:30 AM
  • I did not think the recession was coming soon. I thought it might be next year but not this year. However I now sense some urgency and danger in the market. Please make sure to cash out at any time and allocate emergency fund for the SHORT which potentially could make up all of your loss. When the MONSTER hit the market, USUALLY there's no where to hide. Forget about MSFT, AAPL, GOOGL, AMZN, BRK and all other blue chips. This is 50:50 market right now. If bulls win, the market will be just steady. If bears win, the market will be COLLAPSING. 

Flags from Tuesday

B2-CGC Up by 0.13%
R-SDS Up by 0.22%
Short-GOOG Up by 0.03%


Extra


Short Flag: When short fails, it usually leads to a big bounce followed by a Rally. I consider this as an opportunity for a bonus day trade.