mikepsinn

mikepsinn

Gold mining companies are a lot more volatile than gold.

mikepsinn

Direxion Daily Gold Miners Index Bull 2X seems a lot more intense and dangerous than TQQQ ProShares UltraPro QQQ ETF.

mikepsinn

Much of the massive amount of new money the Fed is printing is going into Zombie Companies. How Zombie Companies Survive Zombie Companies are firms that don’t survive by producing value for their customers. Instead, they survive by parasitically draining resources from the overall economy by borrowing at near 0% interest from the Federal Reserve. The Federal...

mikepsinn

It seems like good deals are to be had when the total stock market increase is below the increase in the overall money supply. The green is the M2 money supply and the yellow line is the VTI total stock market index. You can see you got a good deal in March when stock prices fell below the increase in the money supply. The same for 2019 and 2016. There...

mikepsinn

It seems like the government stimulus bill news is messing up my shorting schemes in the short term. It's amazing how the Nasdaq can continue to approach the Singularity like this. You'd think we'd run out of money to dump into it eventually. I divided TQQQ by the M1 money supply and it seems like there might be some sort of ceiling. Or it could just go to...

mikepsinn

It seems like quite a coincidence that NASDAQ:TQQQ has been so linear on a logarithmic scale. You'd expect more randomness. Why is it so straight? Is this a result of some fundamental underlying economic laws? Or is the Federal Reverse using its powers to maintain a very specific level of long term economic growth?

mikepsinn

Trend swing trading works very well for consistent trends, but the least bad option I could figure out to avoid the losses in baseline and trajectory changes was to just be patient and wait for it to swing back in the other direction. However, a 30-minute resolution support/resistance level algorithm that will hopefully allow us to profit from these trajectory...

mikepsinn

The election has been a sorrowful event for anyone shorting out there. However, last month started terribly for me as well but actually ended up 32%.

mikepsinn

Much of the recent growth in the stock market can be attributed to the basic law of supply and demand. There's been around a 25% increase in the money supply from the pre-coronavirus baseline. There are the same number of stocks being chased by all the extra dollars, So if nothing else changed, this would result in a 25% increase in overall average stock...

mikepsinn

For some fundamental reason, if you put TQQQ on a logarithmic scale, its recent recovery periods become very linear with nearly the exact same slopes. To some extent, it seems like a decent barometer to identify under and overvaluations.

mikepsinn

For some fundamental reason, if you put TQQQ on a logarithmic scale, its long-term growth becomes very linear. To some extent, it seems like a decent barometer to identify under and overvaluations.

mikepsinn Updated 

QQQ Only Has to Drop Back to May 2019 Levels for You to Lose Everything TQQQ seems like a very profitable opportunity right now. I would invest whatever I could survive losing in it, too. However, there is a non-zero possibility that it could go to 0. The way leveraged ETFs work is a little more complicated, but in my simplified understanding, if the Nasdaq...

mikepsinn

By buying SQQQ instead of holding cash, you would have made an additional 84% return over 2 years. 25-day Moving Avg Strategy May 2018 to May 2020 37% + 11% + 7% + 29% = 84% SQQQ appears to be the inverse of QQQ rather than TQQQ.

mikepsinn

PE ratios at a multi-decade high. Powell likely to give a depressing testimony this week.

mikepsinn

We've gone below the 10-day MA and are nearing the 25-day MA. I would do a market sell and take your winnings and buy it back when it crosses up again.

mikepsinn

May 2018 to May 2020 25-day MA return = 45%+56%+17%+67% = 185% Buy and Hold = 36% This is 185% return is better than the 50-day MA return of 147% () However, you'll have to subtract maybe 20% from that 185% for false-positive loss sales where it just briefly crossed the line.

mikepsinn

From May 2018 to May 2020, you would have seen a 147% return by selling TQQQ when crossing down over 50 day MA and buying TQQQ when crossing up over 50-day MA. Buying and holding TQQQ over this time would have only returned 36%.

mikepsinn

It seems that buying NASDAQ:TQQQ when crossing up through the 50-day moving average and selling when crossing down would have netted you the greatest returns over the last 3 years.