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Racket
RE: Down goes the Dow

Maserati wrote:

Racket are you thinking about corporates because of the Junk:Treasuries ratio?




Yes, not that I can afford credit default swaps on corporate bonds or anything, but corporate debt is floated as the big catalyst right now. Kinda have to agree since since the market just threw a huge fit over a .25% rate hike. When has that ever been seen as hawkish? They announced their intention months ago and rates are already so low. I'm looking at companies with huge debt and high P/E to short. Netflix is one of them and they have a LONG way to fall

As for oil, why is it still going down? Just no demand anymore? I think we're in a funny spot with prices, it should be higher than it is. DWT is the 3x inverse for oil though if you really wanna go short! Natural gas has also been a wild ride.

Also looking at ABX and SLV but not sure how much upside there is. Not sure why people are buying gold because inflation is low.

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