The weakest hands got shaken out last year during the sell off. That now reduces the chances of another bear market any time soon.
I think the rate of recovery after that also strengthened the hands of anyone who witnessed it. The mantra right now is just hold forever because it obviously will go back up to ATH eventually.
Index's always go up over the long term. The weak companies get tossed to the curb and are replaced with stronger companies. Hence, index goes up always over time.
Today I buy Call instead of Put...Position green now. Only buy call never buy put. SPY put = poverty SPY call = cocaine from stripper butthole. S&P only upwards
yeah its crazy I have been selling ITM puts and they always expire OTM. Sold 400 puts back during the massive Covid panic and now they could end up OTM LOL I was hoping it stayed under 400 so I can collect a bunch of SPY shares super cheap and not get hit by the taxman since it would be unrealized profits Sold last week a bunch of 396. PUTS as well and it looks like at this rate they will expire worthless if we keep moving in this one direction. Whats the deal?
I don't see this, Look at the money supply right now cash is crap people are even piling into bit coin, no matter how deep in the money I sell puts they always expire OTM lol.
I'm trading like it's 1995. I encourage you to trade like it's 2000 Check out the put/call ratio pre-2000. It's fun to see.
me calling the market top usually means we're just at the start of a steady climb higher. alright, i'm bullish again. who likes the idea that we're heading into a commodities upswing? from zerohedge: