Oct. 1 at 7:14 PM
$SPY $SPX $VOO
$VIXY isn't budging bc we all know
$SPY is just a giant Ponzi scheme.
This Ponzi trade has ONLY enriched
$SPX corporate insiders - many of whom have been pumping inexperienced young traders into dumpster fires like
$TSLA.
Nobody near retirement should allocate a dime to S&P 500 until
$1.03 Trillion in margin debt is cleared or
$SPX is around 5600.
GLTA
Chart 4 is a reason I've been sounding the alarm recently. Speculators have no way to pay for margin calls as job openings crash.