Strictly near term. But with that said B1, never underestimate the power of stupid money in the markets. Friday could have been a low on the way to new ath's. I mean, nothing surprises me anymore.
Well we've got TSLA being punished. It's down over 8% and that's killing the Nasdaq 100. Who'd have guessed. Where's the whales?
Odds are its Calpers, NY State Teachers Union, Illinois T/U all dumping their shares in protest. TSLA is down 10% in one day. Someones making a statement thats for sure.
BTFD is finished until the Fed starts QE again after the QT fails and we get the recession. So that will be, oh, another year or so?
There are always chances to BTFD even in a downtrend in the US Stock Market. ES/SP is a long-only market.
FALSE When was the latest BTFD since the beginning of the calendar year? Back in March? How well did that go? Not so good. Look at where we are today. Right back where we were at the previous dip. This is no V. It's a sideways Z with a Q, man.