John D. Rockefeller and Andrew Carnegie made their fortune this way. I don't buy just because a stock is cheap. I buy because the cheap price was due to fear. UVXY is a total different animal and it will remain less than 5% of my asset until I have more experience with it.
"To be successful, you don't need to be right all the time, you just need to be right MOST of the time"
I was actually very impressed looking at what UVXY did yesterday. It held up nicely which tells me that it is almost ready to spike. Any moderate pullback will spike it to 10% and above. I think the push for S&P all time high is now driving us again. Let's see how today goes. The longer this bull runs, the hard the correction will be.
whatever news they are pumping at night will be the opposite in the morning. banks yada yada this and that last night was bs and of course he we are this morning with opposite story. they drive it up. trick people. take it down.