There's only been 2 weeks this entire year where the Q's had a weekly drop of 10+
At 500 that's only a 2% drop lmao.
People talk about how a daily 2% drop is near impossible, but a weekly drop like that is getting more difficult.
I can see a few mini pullbacks happening this summer (like that fake drop last Friday), but it's crazy to be wanting to short this market. Again if anything changes I'll be the first to tell you, but as of now I just don't see any threat to this bull market any time soon.
Seasonality. July is usually bullish.
Weakness during fall. Don’t be surprised when it happens.