Tentative calling of market top for the next few months?

Discussion in 'Trading' started by yc47ib, Nov 6, 2021.

  1. KCalhoun

    KCalhoun

    30-year high inflation + record unemployment + plague thats killed millions + trade war with china + socialist high-tax white house + record-high crime + tapering on the way + bond yields = ath stock market rally.

    seriously wtf

    but why ask why, its an insane world, just go with the flow : o
     
    #21     Nov 7, 2021
    tomorton likes this.
  2. mikal

    mikal

    There is always a catalyst in hindsight. Logically its inflation but will probably be something straight out of left field.
     
    #22     Nov 7, 2021
  3. patek643

    patek643

    @KCalhoun has a bearish bent, but he outright says he trades both ways. Nothing wrong with a little skepticism as long you aren't a permabear.
     
    #23     Nov 7, 2021
    KCalhoun likes this.
  4. KCalhoun

    KCalhoun

    I daytrade long breakouts Daily in gaps, I'm just skeptical of a continuous bull market
     
    #24     Nov 7, 2021
  5. Overnight

    Overnight

    What was the catalyst for the September drop of 6-7%?
     
    #25     Nov 7, 2021
  6. KCalhoun

    KCalhoun

    More sellers than buyers :p
     
    #26     Nov 7, 2021
  7. KCalhoun

    KCalhoun

    Curious if futs will be strong red or green, or flat, soon. Cpi ppi out early next week too, for more volatility. I bought 300 uvxy fri close, prolly fkd on that mon
     
    #27     Nov 7, 2021
  8. Overnight

    Overnight

    Goofy answer, you're better than that. -10 from Gryffendore.
     
    #28     Nov 7, 2021
  9. Interesting viewpoint as it's probably 100% opposite of my own.
    I never really worried about evergrande as I won't touch chinese investments.
    I suppose there could be some mild deflationary impact if they default on their dollar denominated bonds, but it doesn't seem like that could be big enough to matter.
    All the articles I read on the subject never made a coherent argument for how evergrande could potentially spill over. Mind sharing your rationale?
     
    #29     Nov 7, 2021
  10. yc47ib

    yc47ib

    short closed and revert to long as close of Friday.
     
    #30     Nov 13, 2021