Strong drop in the stock market

Strong drop in the stock market this Friday with new fears about the emergence of a new variant of the coronavirus potentially resistant to vaccines, which is fueling risk aversion.

GAFAM short? Ticker: SGFM
FAANG Short? Ticker: SFNG
Short Tesla? Ticker: 3STS

2 Likes

Time to buy high multiple tech again I suppose?

3 Likes

yeah, could be a short term momentum to play a market correction.
For long term, could be a good idea to buy in the dip

1 Like

Black friday on the stock market too :grin:

1 Like

Bl00dy hope so!!!

1 Like

I feel like a kid at Christmaaaaas it’s sale season wowo

1 Like

FTSE trolley full, happy days :grin:

2 Likes

Most performing ETF today are all GraniteShares 3x Short :grin: :innocent: :pray:

Bought some 3xZoom lotto. lets see :smiley:

3 Likes

Waiting for US open to buy some more US-based 3x, they will probably drop on open and so will the 3x ETPs ^^

1 Like

The funny thing is that this “new variant” may not result to anything and besides the world is far more prepared for new variant than when the pandemic first struck and took everyone by surprise

3 Likes

that’s a good plan I think :slight_smile:

1 Like

I think you are right !

1 Like

30% up now :smiley: Lotto seems to be working

2 Likes

So this is a chance to get cheaper stocks? I’m in.

2 Likes

Good timing for that HANetf JETS ETF addition I think…

2 Likes

I wish we had normal spreads on a day like this, not 5%+

1 Like

larger spread are due to:
1- exceptional market conditions
2- US markets closed

When US markets will open, it should be better

1 Like

Got it, thank you.

Didn’t know this is the case

1 Like

spread are now 3.2%