Care to illuminate us, then? Historically, the volatility of this session so far is well above average. Hence my disagreement with your view. That's not to say there have not been RTH sessions far more volatile than this one. Still...
%% So much for ZERO risk in SPY/S&P 500.LOL Sure is from FRI close; from open price vol is less than average,volume is up a bit, as of noon. The news has also turned strange today. FOX news noted gold up, Dow down, treasury yields down, co... virus.LOL [NEVER mind the chicoms have a one child policy, or debt level of US, its the co... virus]And FOX tends to be a better source.....................................................................................
No worries Kleintop compiled research recently on how long stocks felt the pain of endemics and pandemics. Not too long, it turns out. https://www.cnbc.com/2020/02/24/pas...rs-shoud-ignore-the-noise-of-coronavirus.html
%% Don't forget to average in CNBC fake bird flu pandemic prediction; of course if market finishs down or more likely finish up by the end of week.That was , using CNBC logic, maybe caused by worries of bird flu from chinese ducks on border. Dont really have an opinion on porkbellies/swine flu........................................
See no such thing as a bear market according to mr. Byron wien. Keep buying. Zero risk all reward. Tomorrow markets should rallly 1.5%-2% https://www.cnbc.com/2020/02/24/bla...s-sell-off-is-not-start-of-a-bear-market.html
%% IBD is still having bull market uptrend on their charts- except they noted DOW got slammed [good,LOL] The Dow is actually 30 old stocks picked by a rival newspaper [WSJ].LOL. I like XOM + CVX gasoline better than their Dow stocks. BIG problem for bears is time is not their friend today, 2 hours to market close. SDOW may go higher; but SPY,QQQ is nicely off its low$.And like Warren Buffets noted in your link ; we don't call market buys bets+ stock market returns are ''mind blowing'' compared to bonds .LOL/true...................................................................................
So are you long? Put your money where your mouth is. Otherwise it is just repeating the same stuff over and over.
%% I would not want to buy/be long Etrade, as Blackstone's Byron.....[ Byron W's old work place MS, did] LOL. I year chart looks like almost as bad as many airlinescharts As far as longs, sure ,QQQ is above 50dma + open price today . A virus sell off is fake news nonsense. DAL sector is a downtrend waiting to happen, for decades. And then you have the CEO of DAL admitting to stupid stuff like selling carbon credits/ billion bucks stupid.LOL-LOL Even though SPY is a bit below 50dma , seasonals + open price are still strong as of EOD today. IT pays to be early...............................................................So s200 7S most likely is right; sure right on right side of the main trend.