Guys, he knows this. He's been trading the markets for over 25 years and it's the same thing over and over again, remember? He's just post-lonely because he has no positions of remarkable status to gloat over. Took it on the chin during the Thanksgiving slump I reckon'.
Surprised how strong today was.... and yes I traded long eg SVXY RIOT and others. Market has ran up and down in 3-5 day cycles recently, may slow down soon. VIX near support.
S&P 500 weekly chart from 2018:- Why 2018? That was the last time Fed was increasing rates and pulling back on stimulus/bond purchases simultaneously. Now they plan on and/or are the process of doing same, annnnd we have +7% inflation as well. BTFD till it don't work but be ready to STFD till you drop, drop, drop too once SHTF.
Ester George says the Free Money Train to the Land of Hopes and Dreams must not be derailed. The Fed has gone from "we could raise rates at every meeting" to "let's just sell some shite off the balance sheet." Unbelievable.
My last 2 days were huge up days. It's amazing how many of traders on here missed all the signs last week and were still trying to short the market.
It has come to my attention that the core may come in light tomorrow and for those who don't like taking the train you can always drive to the Land of Hopes and Dreams.