TZA trade ideas
Flashback Dec 2015. Short Russell 2000 and SP500 rinse & repeat?Flashback Dec 2015. Short Russell 2000 and SP500 rinse & repeat?
Long Inverse US SMALL CAPSBig spike coming due to overbought levels in the smallcaps asset class.
This ETF will rocket over 40.
$TZA DailyHammer at pivot with VSB and par sar gaining. 20VWMA crossed 10ema.. Bearish, watching closely. Unusual Jan17 $42.0 Puts at $9.05. Odd.. Called out by @wallstjesus
TZA this time may be different (inverse IWM) Been wrong about a correction since feb 10th, thought that may have been the turning point. But this time is different, since we did NOT break through resistance #3 levels. Lower high and lower lows may be the trend, and may be range bound also, but heading lower in stages. TZA corresponding nicely too.
Go short IUX by going long TZARussell 2000 showing warning signs and IUX 1150 looks viable which implies TZA near $13. Close and follow through above $13 and continued drop in IUX opens up $14.50 and from there $17.10's holds off $19 's.
Small Caps Bear ETF may popSlo Stoch crossed positive volume is up
the Russell and the rest of the market
is selling off. A Bear ETF makes sense to me.
TZASure, we saw a substantial decline the past 2 days already. But I suppose tat there is still some room down left.
IWM and TZA "chasing yield volumes" are the tell, long TZAMoney managers chase yield all day long, forever. See the volume spikes. Not many played TZA before March 2013. But look at the volume change since then, and look at the spike moments. We are in another one now, and I see volumes going higher until we bounce.
IWM and its inverse TZA Q4 earnings reactionQ4 earnings never had so much at stake. If they disappoint, with the bulls looking for a savior worldwide, and with only that to save them, it could be reactionary, systemic, panic to safe haven, cash, low yield bonds. Never here before sydrome. No more rabbits (FED), no more Arrows (Abenomics), and a ECB that simply cannot agree on if the sky is blue, enough to actually stimulate constructively. There are now two economies folks. High and low, two consumer groups, those that have gained from this market bubble, and those who have not. Do not expect the low end to support a holiday season spending spree with what they DO NOT HAVE or with what they have now saved, with no credit, and no equity ATM homes to borrow from. Its like the mother of all Bollinger bands tightening, and either we are in denial, or just stupid, or both. I think the IWM represents risk on, and it is now risk off. Maybe some blue chips and defensive will survive, but this could wind up being a 20 to 40% correction in the IWM, and whatever risk there is in the SPX and Dow will suffer likewise. Blood Red Moon is Wednesday (tomorrow) . There was a time when this kind of talk was simply foolish. But not any more. Be careful.
Long TZAUPDATE 9/28.14 TZA worked out well and hit price target. Sold position as I don't like to hold on too long in this market. Still on watch for a breakout of 16.55 Resistance
Could be chasing here but don't think so. Path of least resistance is up and see no positive news to turn this around in short term. Use extreme caution as markets are insane. Protect capital. Stop loss 15.70
TZA, yesterday's close, consolation, hesitation, stallWow, all signs show a stall. Normally I am not one to miss an opportunity to predict a turning point, but... this time is different. It is so unclear which way things are headed, I am just sitting in the bleachers watching, waiting, looking for a sign. My only play today is June puts on the TFM earnings report today, as a stock picker one time event. Best of fortunes to the hardy souls that venture in today. Checking the morning pre market, very curious, and puzzling, VIX a bit up, SPYa bit up, what's up with that? I have seen this a few times lately. Reminds me of the movie, something wicked this way comes.
