Markets want stimulus. Markets need stimulus or else they will collapse. Thats a fact. Without stimulus Markets will dive into the abyss faster than anything you ever seen, but that will never happen because on wallstreet everything and anything gets free money. So no need to put any worries on the table. The markets will 99999999% get stimulus and plenty of it. Many many trillions over and over again. So if we fall on delayed stimulus hopes just buy every single dip because when the stimulus comes its going to literally catapult and skyrocket the market to unbelievable historical highs. Remember the economy and wallstreet are completely worthless unless handed free trillions. Remember that!!!
%% The trend is your friend/tech trends tend not to end. Even though an occasional daytrade on SQQQ + related inverse etfs can pay/like today.A good way to go broke is pretend SPXS will trend like SPY or UPRO--dont try this @ home.[Edit; markets uptrended nicely when they shut the gov down] Its not rocket science + none of my charts start or stop on election day. Hearing horror stories of so called gov debt forgiveness loans--what could possibly go wrong??
True .... if it wasn't for fed stim mkts would've tanked in summer.. Great point re inverses don't trend, they spike up to 21 days then drop. I've never had fomo this bad, bc I still fully believe a crash has got to happen based on horrible earnings and pandemic.... I'm confident inverses will triple easily.... I did great selling TVIX @ 940.. But price action is all that matters period
Stimulus and all these noise is already baked into the decisions of the big boys (hedge funds, mutual funds, banks and brokers). They move the markets and decide where it goes up or down. That is why the stockcharts are important and trends tell you which side of the stockmarket to be on. The smart move is to align your trade with the prevail trend and ignore the ET trolls. What do you think the ET trolls know? They know squat and deserve to lose their monies. All they do is spread disinformation to the gullible.
Why don't you just STFU? Anyone with an opinion contrary to yours is a 'troll' in your world. For gods sake man, stop trying so hard to elevate yourself by belittling others. I thought OPs first post was funny af. Other posters I disagree with but who cares its just a bit of entertainment. Constantly calling people trolls gets tiresome. Its unnecessary, leave it out.
The arrogance of these foreigners. You do not own Elitetrader. There is a block button and you should use it and act like an adult. I will not be censored by you idiots. Free speech cuts both ways. If you can post drivel and nonsense and clutter the message board with it, other posters have the right to call you out on your BS.