I still remember lastmonth, almost every hot stock (tesla, apple, america express etc...) was upgraded from neutral to buy, now most of them was downgraded from buy to hold or sell. Two week ago big player still bearish about the economy but just after one week of rallies, they change their mind and think the economy will be OK. I don't want ot be rude but why the hell these guy alway do a 180 back flip no scope on a weekly basis. If the market go up, they predict the market will continue to go up, if the market go down, they predict the market will continue to go down. I think they are more of a historians than market forecaster, but it is way their talk + overcomplex-jargon of history data which is presented to backup their story that make them look like a forecaster. Or the kind of girlfriend who dumped you when you were poor and comeback later begging for reconcile when you are making 300,000$ a year
I'm good. I have some longs but added more short etfs last week and will add more on every 500-1000 push higher in the dow. Markets aren't done going down. No crisis and collapse in the economy last 5 1/2 weeks!!! Almost 20 million unemployed with many never going to get their jobs back, gdp will be negative for at least 3-4 quarters...the market is being hyped again. You will be able to buy markets much cheaper in due time. No need to chase this overvalued market.