Papa Bear
Papa Bear
Profile:I am a Bear
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avatarPapa Bear
2022-09-12
$United States Oil Fund(USO)$Looking back at  the 14/3/22 candle stick on a weekly chart and comparing with current closing candle, we can see the same bullish pattern but with a different colour. The price rejection from $67-$68 support price zone may present an opportunity to go long if you have a bullish oil price bias. Keep in mind the current political tension of the western countries Vs OPEC+ risks. A strong word from either can tip the scales instantly.
avatarPapa Bear
2022-11-19
$Nasdaq100 Bull 3X ETF(TQQQ)$  The nonpartisan Committee for a Responsible Federal Budget projects for every 100 basis point rise in the U.S. 10-year yield, the U.S. government adds $285 billion annually in interest costs.  This adds, materially, to a record, and already unsustainable government debt load. Well before that level touted by the federal reserve committee members would be reached, the global financial system would implode. Sovereign debt defaults, currency devaluations and other vulnerabilities within the system would be revealed.
avatarPapa Bear
2022-08-03
$S&P 500 Bull 3X ETF(UPRO)$moving averages turned up. Short term bullish, but will it become a bull trap? [Surprised] 
avatarPapa Bear
2022-08-08
$Marathon Digital Holdings Inc(MARA)$ Mara has been staying above the moving averages, seems positive for more upsides [Surprised] 
avatarPapa Bear
2022-08-28
$Marathon Digital Holdings Inc(MARA)$BTC dipped below 20k briefly, Mara will likely fall into single digit territory soon. A good candidate for shorting if you believe current bear market is still intact. Otherwise hodl and sell covered call options. Alternatively buy put options to protect your downside. Prepare for a more chilling crypto winter. [Sad] 
avatarPapa Bear
2022-09-15
$ProShares UltraShort 20+ Year Treasury(TBT)$At the time of this writting, yesterday's inflation report are reflected in the U.S. 10-year yields. It closed just two basis points away from June's 3.5% high! Recap back in June when this 3.5% level was a big issue, for a reason... It's applying massive rising pressure on global interest rates! It includes many fiscally vulnerable countries in the euro zone. Recall the PIIGS from 2009-2014 European debt crisis? The facts are Spain and Italy are amongst the two most susceptible countries in Europe to rising interest rates. And these were the two back in those years that almost triggered a massive chain of sovereign debt defaults plus a breakdown of the second most widely held reserve
avatarPapa Bear
2022-08-22
$Riot Blockchain, Inc.(RIOT)$possibly a drop to $6 before a bounce if current market retracement continues[Speechless] 
avatarPapa Bear
2022-10-23
$Nasdaq100 Bull 3X ETF(TQQQ)$ The Bank of Japan intervened in the currency markets again, defending a rapid 31% decline in the value of the yen on the year relative to the dollar. We also see some less hawkish Fed news, resulting in stocks going higher, yields lower, commodities higher and the dollar broadly lower. This could probably last through next week and into the mid terms election with Biden promising more optimisim for the US economy.
avatarPapa Bear
2022-09-17
$Barclays PLC(BCS)$$8 resistance very strong, but in a weak market , this seems strong. Sounds contradictory.
avatarPapa Bear
2022-11-23
$Nasdaq100 Bull 3X ETF(TQQQ)$ The Dow added 300 points on Tuesday, while the S&P 500 and Nasdaq rose roughly 1% each as investors digested a slew of corporate results and Fed speeches. On the policy side, the Federal Reserve has recently thrown cold water into expectations that it will soon pause its aggressive tightening campaign. San Francisco Fed President Mary Daly and her Cleveland counterpart Loretta Mester were among the latest officials to echo this view, although signaling support for a smaller 50 bps hike in December.
avatarPapa Bear
2022-08-26
$Barclays PLC(BCS)$i'm no longer bleeding through my mouth, just crying...an improvement in market sentiment I guess[Speechless] 
avatarPapa Bear
2022-09-17
$Nasdaq100 Bear 3X ETF(SQQQ)$On the contrary, I expect a reverse of short positions early next week. SQQQ has touched a resistance for technical traders to take some profits off the table. The federal reserve will be meeting next week. Not much surprise this time that ( transitory inflation) Jerome Powell's comments will create volatility next week because of uncertainty. The shorts are getting very crowded while the bulls are trapped. Exciting week ahead.
avatarPapa Bear
05-13 21:52
I opened 2 lot(s) $SOXL 20240621 32.0 PUT$  ,Fear and Greed index turned from "fear" to "neutral". Time to resume selling puts on SOXL for a bullish Semicon bias.
avatarPapa Bear
05-13 21:52
I opened 2 lot(s) $SOXL 20240621 33.0 PUT$  ,Fear and Greed index turned from "fear" to "neutral". Time to resume selling puts on SOXL for a bullish Semicon bias.
avatarPapa Bear
2022-09-04
$United States Oil Fund(USO)$Oil has been steadily on a decline since western allies expectations to coordinated a price cap on russian oil purchase. A cautious bear on oil as any word from OPEC+ can instantly revise oil prices upwards.
avatarPapa Bear
2022-08-14
$Riot Blockchain, Inc.(RIOT)$Riot has been moving upwards steadily. The $10 resistance will be key to watch[Surprised] 
avatarPapa Bear
2022-09-03
$Barclays PLC(BCS)$Despite market losing all the gains it made earlier on Friday, BCS remains above $7.50. It's an opportunity to dollar cost average if price falls below $7.50 next week if this bearish sentiment from Friday's job reports carry over.
avatarPapa Bear
2022-08-21
$SPDR S&P 500 ETF Trust(SPY)$Friday's price action made me believe that S&P have reached a short term peak. A correction seems to be underway. August & September are usually bear months. Opportunity to short before US  November mid term elections or simply Dollar cost average into high conviction value stocks.
avatarPapa Bear
2022-08-21
$Unilever PLC(UL)$A strong defensive stock showing strength during broad market sell off. A sigof more strength to follow?
I closed 400.0 share(s) $Direxion Daily FTSE China Bull 3X Shares(YINN)$  ,covered calls expired, closed all my yinn positions

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