Don't ya think at some point we have to stop setting records. Not Nasdaq ones but positive tests/infected/hospitalized and deadddd. WS will ignore it for only so long.
Being long NASDAQ and short S&P500 as a weighted spread has been one of those "once in a career" trades. Relentless.
Excuse me for not being very clever but wouldnt being long Nasdaq without the short SPX be a more profitable trade? Dumbo me has never been able to understand spreads, I see it as a sort of diluted trade deal. As a stock trader, I take out no 'insurance', I slam in big and fast, then slam out again. My edge is that its uncomplicated, one direction and the skill is derived from experience. I never scale in or out, just hit it hard very early in a trend where risk is lowest, gains are highest, over a long period of rinse & repeats. Sometimes though if the trade on first entry is proven to be very strong, I take a quick second bite. But I will agree, the last few months have been mind blowingly good.
Sure, but does anyone really know if the broad market is going up or down? NQ vs ES has been paying out on broad market up days and its been paying out on broad market down days. It's about sector rotation and relative value.
More like a T recovery like in Trump. You can either get in and make monies or be on the outside looking in at others make monies while, you lose your shirt. Pretty easy choice. You will lose your monies by listening to ET trolls. How many times have they ever been right?