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The Market Is Going To Crash Soon

Jan. 27, 2021 5:13 PM ET5 Comments
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Summary

  • Difficult to predict short term moves in market, however, no strongly believe we are entering a historic downfall.
  • Anticipating Feb 8th and the Impeachment Hearing will trigger a massive decline.
  • All People Who Are Long the Market Will Pay Attention to these hearings.
  • A Pissed off Public Sends A Message Loud and Clear.
  • Horrifics Who Only Care About Their Power, Wealth and Control Over the Masses Will Be Made to Pay!

Here is my Portfolio as of the Close of Business on 1/27/21.  In my retirement accounts I am all in cash:

466,070.68

$104,428.04 (28.88%)

Cash & cash alts

Margin balance*

Maint req*

Stock buying power*

Options buying power*

$18,851.52

$0.00

$271,445.19

$58,571.63

$17,571.49

$0.00

(0.00%)

$0.00

$19,262.15

(7.64%)

All positions (default)

Symbol

Qty

Asset

Price

Cost

Mkt value *

Day gain ($) *

Day gain (%) *

Gain ($) *

Gain (%) *

740522107

500

Equity

0.00

Info

--

0.00

--

Info

Info

BKE Mar 19 2021 25.5 Put

12

Option

0.45

547.97

540.00

150.00

38.46%

-7.97

-1.45%

FNGD

11,776

Equity

4.20

45,474.91

49,459.20

5,770.24

13.21%

3,984.29

8.76%

FXP

34

Equity

27.12

849.15

922.08

63.24

7.36%

72.93

8.59%

LABD

1,776

Equity

19.28

33,534.36

34,241.28

1,438.56

4.39%

706.92

2.11%

SQQQ

11,776

Equity

14.16

162,394.81

167,690.24

14,484.48

9.45%

5,295.43

3.26%

SQQQ Mar 19 2021 21 Call

1,776

Option

0.965

121,306.13

171,384.00

76,368.00

80.37%

50,077.87

41.28%

TECS

1,776

Equity

8.30

14,127.16

14,740.80

834.72

6.00%

613.64

4.34%

TWTR

-2,176

Equity

48.07

-110,278.22

-104,578.56

3,503.36

3.24%

5,699.66

5.17%

UNM Mar 19 2021 20 Put

112

Option

0.40

3,236.35

4,480.00

1,665.44

59.17%

1,243.65

38.43%

WWE Mar 19 2021 40 Put

10

Option

0.65

706.64

650.00

150.00

30.00%

-56.64

-8.02%

*Most data is streaming, but values marked with * update every 5 minutes. 4:42:41 pm ET 1/27/21 Update now$104,428.04(44.42%)Current value: $339,529.04

Cash & Cash Alternatives

Analyst's Disclosure: I am/we are long sqqq.

See article. I am in total cash in my retirement accounts where most of my $$$ is held.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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