Gotta love ZERO RISK in the SP500 = $$$

Like magic


Dow futures recover from earlier losses, turn positive on coronavirus vaccine news and jobs data
PUBLISHED TUE, JUN 30 20206:03 PM EDTUPDATED MOMENTS AGO


Futures on the Dow Jones Industrial Average traded just above the flatline after dropping more than 200 points earlier in the session. S&P 500 futures were also marginally higher while Nasdaq-100 futures were flat.
 
I’ve called it 10 times . Were entering the 30-90 day window of positive vaccine news . We’ve hardly pulled back after the greatest 60 day run of all time . I won’t hold a short more than a few hrs with tight stops . We have $5 tril in money funds, a fed who’s printed $4 trillion , and massive stimulus . We’ve gone sideways for 4 plus weeks . They want to jump hard long and chase if we start running .
 
I’ve called it 10 times . Were entering the 30-90 day window of positive vaccine news . We’ve hardly pulled back after the greatest 60 day run of all time . I won’t hold a short more than a few hrs with tight stops . We have $5 tril in money funds, a fed who’s printed $4 trillion , and massive stimulus . We’ve gone sideways for 4 plus weeks . They want to jump hard long and chase if we start running .

So tough to hold short. Window closes fast, retraces are hard.
 
So tough to hold short. Window closes fast, retraces are hard.

It sounds morbid but people want to be positive so bad about something and stocks are it right now . There having fun trading. It sounds crazy and has run threw my mind a few times . Maybe the real bear starts in 2021 if Biden is elected and there’s a vaccine . Then the hard reality hits of the devastation to business’s and taxes head up . Just a thought
 
Back
Top