Tomorrow markets will move on job numbers and 10 year. If both align to market perfection markets could rally hard by 2% or more. Let's see if buyers step in.
Markets could rally by 2%? So what? They fell by 2% today alone and are still dropping. We're in a correction now. Who TF cares about a 2% rally? Whoopdie do.
I said I bought very small inklings of shares on the long side. I still have a good amount of short etfs. Sold off some QID and TZA today mid day....
A 2% rally would be pleasing to those bulls who have had a rough few weeks, especially this mornings headfake. 2% is nothing is right. I just hope the volatility stays which we all know it never stays long ....
And that is just a taste of a minor sell off....... just imagine....these ARK etfs would literally collapse if the market were to pull back just 20%!!!!!!!! ARK’s Red-Hot ETF Fell 20% in 12 Days. The Pain for Tech Stocks Might Just Be Beginning. Ben Levisohn Wed, March 3, 2021, 5:19 PM