Sold off more longs, added more short etfs!!! This is a gift to sell your equities at profits if you bought march and april and even on that May dip
Biggest crisis in history, markets dip for 2-3 weeks and off to the races like nothing ever happened. Yep. So markets can stay overbought for decades and only oversold for days or a week or 2. Got it.
What crisis? People got the flu? Perhaps for the fidget spinning, safe space generation this is a crisis but for the other generations it's more like, what the %^$ is wrong with you people, man the ^%$ up - wear a mask, wash your damn hands and get back to work.
Tell that to the masses, to get back to work ...im still seeing people around my area who literally will stop walking until I pass. Happened today, lady saw me and she stopped right in her tracks like if I was dressed as the big bad wolf. Also people going back to work? Pfffft 2/3 of unemployed are supposinngly collecting more from unemployment than what they were making....and if you call it the flu once again the masses will get up set at you, ask anyone who knows someone who had covid or know someone that does. Im neutral so I don't care what you say.
Even though I'm bearish as can be I do buy long on some big drops all while still holding my short etfs which I still do OWN and have been adding to. The long positions I have been selling off in incremental amounts...both of my portfolios are up for 2020 One just over 0.50% and the other just over 3.5%. My retirement portfolio took a huge swing down of over 25%, thats still down over 10% as of today, but added even more contributions in March and April so I'm at breakeven now on my my entire account, which I'm very close to going entirely into bonds and waiting patiently for a 10-15% drop to put that money back to work. As of now it's still in equities.
Went super risky with more HIBS Have been buying a littler bit each day the s$p pushes higher. In for more shares at $9.65