The last week is a microcosm of the market over the past 2 years...A larger number of up days, but the small streak of down days wipe out all the gains...Like last August and the Jan-Feb episode...You are right though...On balance, on any given day, being a short puts a target on your back.
3 short trades added in 24 hours SQQQ at $19.00 SDOW at $14.90 TZA at $37.45 haven't traded this one in a longgg time! Looking for 7-10% profits in each!!!!
Dow is now up over 700 points in 2 1/2 trading days..... 700!!!! No stopping it...just keep buying haha... I'm shorting...
Mark Carney out saying QE will be required this summer. It's only a matter of time until Grandma joins the race for Moar QE. I think there is a bubble in monetary stupidity.