Have to go with the flow... The market seems to be going lower. Could still be a bottom here, but I don't think we'll trade above 6420 again today.
Outside 1998-99 this is the toughest short trading environment I’ve seen . it’s not that you don’t drop but the dip buying is so ferocious it’s hard to stay in a short
The market really hates short sellers. Guess a few had their hopes up on that morning drop. These tweets don't really change anything, so when the market gets out of whack it's more often than not a good dip to buy.
Surely, this has to be wrong, though. Unless you're speaking about multi-day/week holds, this market still offers good shorting opportunities. So far, today's main move was down. But, I feel clever short selling requires expertise to navigate as you're always at the market's mercy. At the start of last decade (12-13?) there were some really, really slow years where the market barely moved. Last year was much easier to navigate for me. I miss Biden.
I’m talking to take shorts for 2-3 days not 2-5 hrs. I’m talking making 200 es. For instance were up 35% off Aprils lows and we’ve had very few hard multi day pullbacks .Trends down have massive bounces even when were coming off all time highs . The headline risk with Trump DAILY is unmatched . It’s just easier and lest stressful to concentrate of going long dips