All the signs are there of a slow down / recession / whatever you want to call it. I don’t know how low this goes but I am a big believer this it goes a lot lower (possibly 1600) before we break 2940 high. It’s a shame because Main Street got used to 20% annual returns over the last 3 years...
Lol...love your optimism mbondy. You realize APPL warning will be followed by more warnings from other companies. Look at ISM today. Heck look at the bond mkt. Many called me crazy when I loaded up on the 10 yr after it hit 3.25 yield.
I’m curious what you consider a correction vs bear mkt...
I personally don’t track # of winners and losers as to me it is all about P and L.... I trade to make $$$....If not making $$$ then something is wrong....I’m up 84% since loading my account in August 2018. Volatility has certainly helped the results.
I’ve been trading ES futures since 2011...
We got Santa rally, 401k $ coming, and the fact we are super stretched from the 50 and 200 day. Lots of reasons for this mkt to continue rising into the new year. I am looking only at long setups until we get above 2568.