I would normally agree with you but we have a holiday weekend coming up + oversold market I think we rally.
It’s the same setup we had leading into Memorial Day weekend right after NVDA earnings.
Another bear market rally that gets sold into next week
95%+ of alts will never come near their previous highs again.
I guess if you buy a basket and happen to hit one that becomes a top coin it’s a decent lottery ticket.
Only problem is you have to not only pick the right one, but also HODL.
Am I the only one who missed the “massacre”? in the market?
Easy to tell who has never traded a bear market before.
You know what the first half of 2022 reminds me of?
A slow day in 2008 or 2000.
1- The Fed barely started removing liquidity. Patience
2- The longer the bull market, the harder it is to kill. And the 2009-2022 Bull was a record (not including the 3 week Covid selloff). People are still happily buying dips because it worked for 13 years. Once the dip buyers start getting...
How about the SEC starts with making ECN’s honor their posted quotes and not allowing them to pull in a nano second while your order routes from one exchange to the next.
Also, All orders should be mandated to stay on the book for “x” amount of time. Maybe half a second? Anything less is just...
“Somani, who graduated from the University of California, Berkeley, with a triple major in computer science, mathematics and business administration”.
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I have a hunch he’s going to be just fine.
Unions protect the bottom of the barrel employees. The Lazy and Stupid.
The exact ones that should be shit canned.
Working hard isn’t rewarded since it’s all based on seniority.
F unions.