The world is crumbling even faster than I had expected, especially in the European Union and Saudi Arabia.
Germany is in dire straits – a combination of the refugee crisis and Deutsche Bank – which is broke and in danger of failing. Angela Merkel, the most powerful person in Europe, is under attack for allowing the refugee crisis and ISIS members to infiltrate Europe.
At the same time, Italy and its banking system are near failure.
All of this is bad news for sovereign debt. Even here in the United States.
So for today’s trade, I recommend adding shares to Direxion Daily 20+ Year Treasury Bear 3x Shares, per the following, for all members:
| Using an additional 3% of the funds you have allocated to this service, buy shares in Direxion Daily 20+ Year Treasury Bear 3x Shares, symbol TMV, at the market. Place a good-till-canceled protective sell stop at $14.87. |
Reminder: This ETF is a 3x inverse ETF.
Hold all other positions and related stops and stay tuned.
Best wishes,
Larry
