I'm intentionally holding small size inverses that are slightly in the red for now... so yeah a tiny bag lol (total unrealized loss including both fdly accounts is just -1350 so no biggie)
*BREAKING NEWS* “market rallies 3% higher upon announcing an extension for “stay at home” because longer extension already priced in”
well, you can refuse invest into stock and still can invest into things that make sense I think gold grew more since Trump election than S&P500
The truth is none of us knows what the fxck is gonna happen next. What we do have control over is trade management, stops, size and timing... that's all we've got. But debating up vs down never gets tired on a trading forum lol
There you go.. U got it.. Nobody knows wtf is gonna happen. Everyone looks at the same chart but everyone has different opinions and biases.
Global GDP is collapsing. All that has to happen is another drive higher in bonds and the whole rally will go bye bye. The perma bull team should remind themselves what happens when yields crater. Remember, it was a global selloff in risk assets that crushed yields. That can happen again. Look at a chart of the ten year. Go ahead use price action. Yields go down when this thing moves higher.
In my reading fundamentals are also not that far off from technicals. Assume two quarters of US economy's free cash flow is completely removed. Now take any DCF model and remove first two quarters' free cash flow. How much does the valuation change?. Then why the panic? Have been selling option premiums at this level with a slight bearish bias , will go bearish another 100-200 rise in SP500 and bullish 500 pts lower. Very good environment for trading.
DCF on what? You can't run that on an index. I mean you can... but its one stock at a time. So.... lets see some numbers or some data to back up what you said. Because other than that... that just sounds like someone throwing out some bs to me. I ain't saying you're wrong brother... but back it up, cause the way you wrote that is bullshit pal. Some of us have been students of this game for quite awhile. Your post reeks of bullshit. From start to finish.