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How do you feel about the JETS ETF?
i mean......its low right now and if you have the guts ....i would buy and hold.....i dont expect this to really show anything for at least a year. but i think it will go lower because i think we are coming to a global rolling lockdown which will hurt the industry even more.
 
Direxion Shares Triple Bear ETFs:


SPXS if the S&P is down.


FAZ if the S&P and the financials are down.



Be careful though, because the markets can turn and rally on a dime.


In which case, you'll either lose whatever gains you made while the market was down............and/or you'll incur a loss if you don't get out in time.


ETFs trade like regular stocks, so stop limits help............in which you can set a price that your stock will automatically sell if it reaches....or drops to........a certain price.


However, they're only good during regular market hours from 9:30 am-4:00pm.


So, if the price drops during the pre-market (7:30am-9:30am) or after-hours market (4:01pm-8:00pm).........you'll have to eat those losses.


Only way to possibly avoid it is if you set up the limits immediately at the start of the pre-market or after-hours sessions.


That's something you'd have to keep track of every day though.


During normal market hours, you can set the limits up for 30 days.


Keep in mind that these aren't long-term investments.............but you can definitely make money off of them during a prolonged downward trend.
 
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I'd be very cautious of oil because oil's problems aren't because of the pandemic but the pandemic has definitely made them worse. It may take a decade for oil to return to its former glories. Shit is fucked up when ExxonMobil gets taken out of the Dow Jones.....

Now if you work in that industry and know something that we don't kudos to you. But even so there are far better prospects especially in these markets.

Yeah, I'm very cautious.....I'm moreso looking for bargains for quick flip down the road and not long term investments....

I suspect oil is going to drop even more if Biden decides to decrease subsidies for oil and slide rthem over to green energy
 
My stocks and stocks in general have been doing so good the last few days on the hope that Biden will win.

If Trump wims by end of the day, shits gon crash
 
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