Hello Traders,
A crazy volatility was seen last week. $VIX jumped about 20% on Friday. Was it unexpected?
Not for my paid subscribers.
Below are the screenshots from my previous week’s post
If you are still a free subscriber, become a paid subscriber to receive my opinions which have proven to be on the right side of the market. Consistently.
I post my opinions well in advance.
Please keep in mind - I don’t provide any “alert service” to buy sell anything. I post my opinions on Substack and social media. I post my trades for my record purposes.
A small fee is in place because free is not considered valuable. If you think you cannot afford $17.49 monthly subscription, follow the simple steps in my Money Matter$ page. This PDF document has 26 simple ways to save/make/hedge money. Download it from here. And, you can also get my paid posts as complimentary. New traders who subscribe and then leave in short amount of time, I will ask them to correct their thought process. If you have less than five years of commitment to your trading before taking a decision, you should leave now. Trading is a marathon & not a short term sprint.
For me personally, commitment to trading is for rest of my life. I will pass on the skills to my next generation.
People reach out to me and ask- Why the subscription price is so low? You can charge thousands of $ because it’s proven to be correct and better than Wall Street analysts and experts who show up on Television.
I tell them - I don’t need sub money because I make money from trading on my own, unlike others.
Check him out. A loser like him has over 163,000 followers on X.
I will give you a fundamental reason why it’s crushingly bad to have a bear mentality.
Hear me out.
Do you have understanding of S&P500? Read this Investopedia link before reading further.
S&P500 is an index of best of the best 500 American corporations. Periodically this list of 500 companies get updated. Companies which are under performing get a boot and replaced by better performing companies.
These mega corporations like Apple, Microsoft, Google, Amazon, Tesla, Exxon Mobile, Meta, Coca Cola, Berkshire, Procter & Gamble, JP Morgan Chase, Bank of America etc. are managed and run by top of the line brains of the world.
Bears think they have more brain power than them, combined. Pardon my language but how stupid one can be?
Bears have to pray for wars, pandemics and other derogatory things so that their puts and short positions can work out in their favor. How sick is that?
Get help.
S&P 500 is Designed to Go Up!
Observe this chart. It always reverses from the minor blips here & there. It always makes new highs.
Why?
Because when it sneezes, whole world catches the cold. The global economy (banking, investment, hedge funds, insurance, pensions) depends on it.
Never assume minor blips as permanent. Those are the discounted prices on quality item. One should never reject them.
Listen to Warren Buffet who advises retail investors to just buy low cost S&P500 index. Ignore the nonsense from fin-twit furus giving false dream of becoming rich overnight. Run away from them immediately.
Okay. Enough education for free.
Here is the Audience insights from Substack on my posts.
Why my posts are being read in 30 countries? Think about it.
Appreciate everyone’s support and time. Interact with me on social media. My DMs are open on Substack, X, StockTwits, BlueSky and Threads for any question, you may have.
I have very important market opinion to share now. I am also providing my Bitcoin technical analysis with anticipated price target.
Let’s get into details of $SPY $SPX #ES_F $TSLA $AAPL COIN 0.00%↑
Keep reading with a 7-day free trial
Subscribe to Vik’s Opinion to keep reading this post and get 7 days of free access to the full post archives.