Market Overview

  • Premarket Down: Super Bearish. Limit Down again in the premarket.
  • BTC Down: Following the market. Super Bearish.
  • Gold Down
  • WTI Down
  • Brent Down
  • Bonds(yield) Down
  • Vix Up
  • China's Industrial Production(YoY Feb) down by 13.5% vs. Consensus 1.5% up.
  • European shares down to 2012 lows
  • FED: Rate cut to 0% and 700 billion QE on emergency action
  • Most of Global Central Banks open the monetary tabs
  • The market's about to test 30% down level from the top again.
  • I understand that this is very struggling for many of you. But I see it as once in a life time opportunity as far as future investment profit goes....
    • Originally I was expecting 30% down from Top but it could be 40% or even 50% if Lower Low happen today.
    • Th worst case scenario could be more than 50% crash from the top. In that case, if you are holding cash as I have asked to, now is the time to start buying while everyone is selling. I would start putting 1/4 of your cash into the market today then another 1/4 at 40%, another 1/4 at 50%. Hold remaining 1/4 and all in after the market hit the bottom and confirmed bounce from it.
    • Originally I was expecting that the market would recover starting as early as June-August. However depends on the Europe and other big name companies situation, the outlook could be worse and the recovery would be delayed further.
    • Having said all that....I still believe that the market would quickly recovered as the virus would go away in the summer time naturally as long as there's no more worse situation developed from indirect area(Banking, Manufacturing, Service, etc.)
    • Be rationale and make yourself calm before making any important decision.

Flags from Friday




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.