Gotta love ZERO RISK in the SP500 = $$$

so the question is whether the self made billionaire or degenerate gamblers are the smart money?

 

Ok anyone who did the compete opposite of this, as I recommended, made very nice money for 2-3 days and the exit is easy today.

 

The smart money just buys value throughout so you can be wrong short term and still be fine and if you are right you can take the quick profits.

 

Still holding

My retirement account is up 5% this week so that made up for any short etfs I took.

 

Now if you'd have done what I said, you'd have a large profit instead of breaking even.

 

I didn't break even. My newest short etf holdingni have been taking have been small incremental buys...

One of my trading account had a gain 0.95% for the week. Of course it would have been 3 to 4 times higher but least it was a tiny gain.

 

‘Astonishing’: Dumbfounded economists struggle to describe today’s jobs report surprise


https://www.yahoo.com/finance/news/...be-todays-jobs-report-surprise-194232884.html

 

Betting against The Fed is definitely dumb ... until.

 

I read and it explains that employers hired via text message to those previously laid off and that is why everyone missed it when looking at ADP. So in this article you posted, it seems like the rally is justified as everyone was wrong and now is correct in buying as we were too bearish before. Often when "dumbfounded" people are wrong, the trade is to correct that error.

 

BLS said they made errors, big errors, last month and this month and unemployed actually are much higher than what report showed.

https://www.cnbc.com/2020/06/05/her...loyment-rate-may-be-higher-than-reported.html