S&P will see only 1600 in Fall(if at all). Time to celebrate longs.... Inflow detected after a long time. great news
Thursday's jobless claim and Fridays employment situation will not be good. So I will see another $1 jump in next 2 days. I have bought several call options yesterday all had a considerable upside today.
INFLOW - money is pumping into uvxy
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, the largest inflow was seen in the Proshares Ultra VIX Short-Term Futures ETF (UVXY), which added 14.1 million shares, or a 41.7% increase week over week.
The latest jobs data have been particularly disappointing, with the March jobs report as well as Wednesday's report from payroll processor ADP signaling a sharp slowdown in hiring. That's particularly concerning ahead of the government's April jobs report due Friday. Economists expect a gain of 155,000 jobs. But it will be a sharp decline for April.