Re-read the post. I look for shorts "IN" SP500 and longs "IN" NDX. I don't trade indexes, I trade equities. Akin to arbitrage and hedging.
Are we over the healthcare vote by now?
- Thread starter kfir
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Re-read the post. I look for shorts "IN" SP500 and longs "IN" NDX. I don't trade indexes, I trade equities. Akin to arbitrage and hedging.
The top was already in for the year.
"Donald Trump appeared on CNBC in April 2006 representing Trump Mortgage and made the statement, "I think it’s a great time to start a mortgage company [...] the real estate market is going to be very strong for a long time to come."
https://en.wikipedia.org/wiki/Trump_Mortgage
"In 2007, Trump Mortgage folded operations and Donald Trump licensed his name to First Meridian Mortgage. "
Hey Pekelo. Would you expand on your post? Whatcha thinkin?
It's called a pairs trade rec.
And the winner is...algofy! Step right up...
In the "The S&P has topped" thread I predicted the top for mid-March, and sure enough, the SPX did top (well, second top) on March 15th. For the year I predicted a negative return, and since the SPX was up already at 6%, we needed a pretty good correction. Now the correction is underway.
To explain my bearishness: There is zero chance that the idiot in the WH is not going to be impeached or cause a serious international crises, and that will spook the market. Not to mention the market has been in rallying mode for forever, it needs a break.
Awesome! I did same 2/20 and 2/26. Pekelo thank you, for intelligent exchange!