Well, it's 50/50 at this point. It could go either way. I was hoping we would definitively close below the previous swing low at 5560. But it got rejected. And the fact that we're trading near the high of the day this late in the game tells me the whales got the inside tip ahead of Wednesday's ("Liberation Day") torch parade.
Bought an EOW SPY 575$ PUT @ 17 plan to sell @ 21 At worst it needs to print 554 before EOW to achieve it.
i do not like to lose money. it seems to me that no human mney manager would buy the dip at this marco environment, just algos and retail money such as 401k are allocating. algos do most of the lifting
Well if we're being completely honest, tomorrow's action could completely erase today's. Definitely not out of the question.
I dont think they'll show their hand today. Red tomorrow (lots), then ease tariffs Weds for a really good pop
That's still a weak day despite the SPY being up. Me think it's a bull trap or a nice short. But who cares Wish you the best Jim Cramer on CNBC this morning: "I can't think of a dumber day to buy stocks than today."