Anyone buying after hours is a fool... Stocks up 5 to 10% the last 24 hrs and people chasing them again .... Hope they didn't forget that we are in a downward trending equities market
Nah the bear market is cooked. Shows how animal spirits never go away. Like the market will never quit buying the dip. Everyone is trained to do so. The joke is this bear market and how unsustainable it is.
Sorry you are getting creamed with your short, but it’s just a lesson that you can’t stay short long term in this market. You will never be win. The market doesn’t care about reality or facts. It loves buying the dip. It wants to go up. It will always make V recoveries. Yes the bottom is in. Yes this will hit new ATH this summer. Just have to accept reality. Stocks never have a chance of sustaining any downward movement.
Yeah I agree. There's usually a bounce after a 17.5% ytd drop in the Nasdaq. The "V" never fails. How long will we have to wait for that 18.5% recovery for our 1% gain though? Inquiring minds.... EDIT: It would be waaay more than an 18.5% gain for a 1% ytd gain... silly me. Math.
Like he knows anything about the markets . He said a 5% drop would be a miracle and a 20% from ATH would never ever happen again. Too bad he isn't keeping his promise to delete his account if it ever did. I can't say it's unexpected though, he didn't dare to put a real bet on it either. I bet he doesn't even have the balls to trade his own V calls.
Bear market is cooked? Wait till they drop s&p earnings, unemployment skyrockets due to unimaginable layoffs throughout the US on trade wars, gdp plummets because consumers are too scared to spend and inflation skyrockets.... The bear is here to stay for quite sometime. Don't be surprised when the nasdaq is below 12k.... Bull won't be back for a very very very long time...
This is just the beginning. If these tariff wars continue this will just create more chaos to the world wide economies There are literally millions of businesses around the world at stand still.. Better hope what they are saying about these negotiations into this trade war aren't lies because these markets once again hate uncertainty. Chinese freight ship traffic to busiest U.S. ports sees steep drop The pullback in trade between the U.S. and China as a result of President Trump’s steep tariffs on Chinese goods and fears of a recession are starting to show up in major ports data, with a steep drop in container vessel traffic headed to Los Angeles and Long Beach. For the week ending May 3, the number of freight vessels leaving China and headed to the Southern California ports, the main U.S. ports receiving Chinese freight and other Asian trade, is down 29% week over week, according to Port Optimizer, a tracking system for ships. Year over year, the data shows a 44% drop in vessels scheduled to arrive the week of May 4-10. Furthermore, the fallout from the ocean freight slowdown is beginning to hit ground transport linked to ports.
Maybe so, but he can't touch a candle to some of the permabear nonsense posted from 2009-2019 on here, and S2007S was a part of that. We got more of the same in 2020-2022 and a lot of those bears got destroyed late 2022 forward. This is the site where one guy said we'd never see 3390 again on the SPX in our lifetime, that McDonalds would go out of business like 5 years ago. The market bottoms in 2009 and 2020 were supposedly going to be cracked so many times in short order.