Nightly Briefing 6/2/20

We are expecting more stimulus Thursday from Europe’s central bank. The shorts are aware of this and hit gold in advance. 

Expect a sharp 3-4 day rally in the coming week or two in NUGT. We see  a lot of investors  are getting frustrated by this trading action. This type of whipsaw action frustrates long and short investors and has proven to be a very reliable indicator that a large move is very close. Remain calm and patient, the spike will be large and fast.

Stocks are grinding higher but many names are not participating. People are asking themselves how the US stock market is up? With all the civil unrest? Someone is reversing the futures from down triple digits every night and purchasing a handful of select stocks to impulse the market higher. If  just a handful of stocks are bought it is capable of moving the averages up. This kind of behavior is common place prior to FOMC meetings as the Fed wants the market up prior so they have no pressure to act. If the stock market is dropping sharply into a Fed meeting it forces the Fed to take monetary action. One small problem, the Fed has used up many of its bullets short of buying stock ETF’s like Japan. Interest rates are zero and the balance sheet has grown by trillions in the shortest time period ever. They want to catch their breath as this pace of stimulus and easing is not sustainable. Expect a small pullback the week after the Fed meeting in the stock market.

Our two position's are in the green and should shortly both have their moment.

Bitcoin put in a very bearish reversal today closing down after a spike over 10k. This should be the fuel trapping fresh longs above 10k to sell, creating a panic for large players to enter large long term bets, us included.


©2020 Hedge Fund Z










Important Disclosures: Investing in the financial markets can involve considerable risk, including loss of principal. Past performance is not necessarily an indication of future performance.  Actual clients may achieve results materially different from the results portrayed.  All material is for informational and educational purposes only and is not investment advice and is not meant to suggest that any securities are suitable investments for any particular investor.  All information reflects our own actions, beliefs, and processes for purely informational purposes. HEDGE FUND Z LLC IS A FINANCIAL BLOG FOR THE SOLE PURPOSE OF EDUCATION.  HFZ does not represent themselves as acting in the position of an investment advisor or investment manager for funds that are not under their direct control and fiduciary responsibility. 


Third party quotes and information may not be representative of the experience of HFZ customers and do not represent a guarantee of future performance or success. Many of the results displayed on our website were achieved using leverage, such as 2x or 3x leveraged ETF's or equity options 


The information included at HFZ and HFZ writing, research, and updates is prepared for educational purposes and is not a solicitation, or an offer to buy or sell any security or use any particular system.  Information is based on historical research using data believed to be reliable, but there is no guarantee as to its accuracy. HFZ does not represent themselves as acting in the position of an investment adviser or investment manager for funds that are not under their direct control and fiduciary responsibility. HFZ will not provide you with personally tailored advice concerning the nature, potential, value or suitability of any particular security, portfolio or securities, transaction, investment strategy or other matter.  


No information, nor any opinion expressed on the Site or in the Services, shall constitute a solicitation or an offer to buy or sell any securities mentioned therein.  The information presented on the Site and in the Services has been prepared without regard to any particular investor's investment objectives, financial situation, needs, capacity, and trading ability or experience. Accordingly, you should not act on any information on the Site or in the Services without obtaining specific advice from your financial advisors and should not rely on information herein as the basis for your trading and/or investment decisions.  HFZ cannot claim or represent that any of our Services are suitable for you. 


By your use of the Site and Services, you're agreeing that you bear responsibility for your own investment research, trades, and investment decisions. Only you can decide whether or not a trade is right for you and you agree to be liable for any trades you initiate at your brokerage using research and/or tools that we provide. If you ignore our advice to do independent research and choose instead to trade solely on information, analysis, alerts or opinions found in our Service or website, you have made a conscious, willing, free, and personal decision to do so. You also agree that HFZ, its directors, its employees, subsidiaries, affiliates, and its agents will not be liable for any investment decision, trade made or action taken by you and others based on news, information, opinion, or any other material published through our Site and Services.  

For additional important risks, disclosures, and information, please visit