Loading ...TZA shorts small caps. TECS shorts teck stocks. SOXS shorts semiconductors. SDS shorts the SnP. UDN shorts the USD. QID shorts Nasdaq 100. Time to fight back? Its a casino economy, and the Fed Powell must be noticing it by now. Haywire, tangled fishing line.
The Dow Jones adjusted for inflation should be at 20,000. It way overshot the curve, momentum, and free money I guess. The Dow was around $1000 in the 1970s times a factor of 20 puts it at $20,000 today. Just like most things are times 20.
Silver was about $1/oz back then so $20 today is about the same.
https://finviz.com/futures_charts.ashx?t=YM&p=m1
Yesterday the guru said short XOM and it is a little down today.