You can make money in a down market - Market update 6-13-22

$UVXY is just an example of when things go down, you can trade and make money. $SVXY is probably the play in the market where any reaction is an over reaction in the market. Both of these should NOT be held long term. Trade them. 

$DRV is a short ETF on the housing market and since I've updated on this one it's gone from $44 to $56 in 1 week. 

$IMPP is up at $1 - it's a Wall Street bets favorite of the $GME or $AMC crowd with energy. 

Oil is down because of fears of another Chinese lock down. Remember - buy on the pullbacks. 

$TSLA under $700 again - buy in small increments. They will split 3-1 as shareholders will approve. 

$RDBX is up at $18 now - crazy squeeze on this one. 

Bitcoin and all crypto are crashing and major trading platforms are limiting selling because of the instability. There's more downside to go. 

$COOP - it's a mortgage servicing company. They aren't in refinancing - just servicing. Leon Cooperman is a fan as are a few analysts I follow. It's an interesting play, but I'm not in it. 

Yields are inverting again. 

$BRKB is an interesting opportunity trading at the levels it was at all of 2021. 

Analysts are suggesting S&P will trade down - if it breaks the 3800 that I thought was the trading range on the close, I do think we go towards 3200. 

$UBER is a buy from a lot of folks. I'm not a big believer though, but under $20 I like it. 

In these times, short ETF's like $SARK, $SPXU and $SQQQ are good tools. 

$GOF - I like this - 12% yield and pays monthly.