So at the low close of the 6/16/22 $SPX was down -23.55% How much more would it need to drop to be considered a bear? Seriously.
Dude, we are 3 weeks away from the historically baddest mid-Aug to mid-Oct season, and you think we are going to keep rallying? Not to mention those 4 up gaps waiting to be filled below. Maybe start a new thread when we hit the lows in 6-8 weeks, then you may be right...
I lost money trying to bottomfish inverses, but also had wins playing various stocks and tqqq/soxl lately. I'm long DIS F MARA CGC TLRY etc but also still holding a bit of uvxy as a hedge. When markets look strong long and talking heads tell people to buy stocks, it's usually right before an unexpected drop. Mostly daytrading long and inverses, small swings in play.