Thursday, February 25, 2016

Paper Trades for Wednesday, 2/24/15

UWTI - 5 day chart

UWTI - 1 month chart
UWTI
Buy: 1.35
Sell: 1.50
Closed: 1.56
11% increase
10% increase would be $1.48
This likely spiked on news that U.S. demand for oil in January had increase.  However

Prediction for 2/25/15, it will go down, so a better buy-in will be $1.40 or less.

TVIX
Buy: 8.95 (anything below $9.00)
Sell: hopefully tomorrow, at 9.75 or higher.  $9.75 would be an 8.9% increase.
closed: 8.89

SQQQ
Buy: 22.95 (below $23)
Closed: 22.78
Sell: $24+
Selling at $24 would be a 4% gain.
If holding for a few days, I would prefer to sell when the NASDAQ dips 1.5% or more in a day and this passes $25.

SQQQ - 5 day chart



SQQQ - 1 month chart





In focus: Stocks are still below resistance - MarketWatch

Commodity-stock rally: Buy these, not those - MarketWatch

Low oil prices may signal end of economic weakness, not beginning - MarketWatch

China stocks plunge 6% as economic worries mount ahead of G20 meeting - MarketWatch

16 Highly Traded Leveraged/Inverse ETFs of 2016 - Yahoo Finance

3 Inverse Leveraged ETFs Up Over 20% in the Last One Month - Yahoo Finance

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