it was indeed black Tuesday. This day shall be etched into the minds of all traders for decades to come
Black Tuesday? lol. Tiny 30 minute drop, followed by a very powerful V and new ATH again coming tomorrow. No drop is capable of surviving.
There is a chance many investors / position traders (myself included) were waiting out the (s)election because we saw how blatently they busted a "V" at 3 am election morning, last time. Now that the Great One is back, many have their faith restored in the prosperity of this nation. And I mean this is worldwide. That ripping gap and go was probably a lot of sovereign money looking for a safer place.
So you ignore the last 4 years of a bull market, because it doesn't fit your narrative? It's way higher since he last left the office in 2021. The Q's are up $200 since jan of 2021. Market was pumping no matter who won. It pumped massively during both administrations. So enough of that BS. You're great one LMFAO.
Last 4 years? 2022 (2 years ago) S&P was down - 19.44 % by year end. Almost down 30 % on the low print.
Seriously, nothing can survive the cat ear. It dumps so effortlessly, but on the way up every single dollar is challenged.
And he doesn't remember 2020, when circuit breakers were triggering in March and April. He thinks going leveraged long is forever a win. He's stupid. People, be prudent! Do NOT over-lever on this president! Remember when he announced the "You all must stop doing business with China" shit on Twitter? The Dow dropped 1,000 points in an instant. That same kind of fuckery could happen in his second term.