Gotta love ZERO RISK in the SP500 = $$$

This week is one of the biggest short beatings I’ve ever seen . I said Monday at down 12% that was a joke . Now were down less that 8% from ath’s.Many shorts gave back a big chunk of 2022 short winnings this week .
 
SammyJ said:
This week is one of the biggest short beatings I’ve ever seen . I said Monday at down 12% that was a joke . Now were down less that 8% from ath’s.Many shorts gave back a big chunk of 2022 short winnings this week .
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Economic recovery, strong earnings, cheap interest rates ( still cheap even when they raise several times ). I keep posting this but the doomsday crew on here never gets it. Mixed market in 2022 just buy the right stocks and sectors; for proof note the TSX ( Canada ) is at an ATH right now. So many traders on here were shorting the bottom and overconfident we were going to crash. If I were a bear I'd have been awfully concerned that the absolute weakest areas of markets ( Chinese stocks, fintech, lower tier IT ) bounced so hard the other day. They are still problem areas short term but if they have support the broader market is underpinned nicely.
 
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Nine_Ender said:
Put your crystal ball away it's defective :). You probably thought a red day was a given on option expiry; it normally it is.
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Yeah, at least it started red so I sold inverses gap up.... though I gave back gains trying to bottomfish in-session.

Traded YINN SOXL uptrenders

Big picture the market has bounced the same as it did the last few times before a drop, so I'm both long and short-hedged, eg

Long DKNG SPCE CGC ACB etc
Long SQQQ UVXY
 
Of course your are Ken . If we crashed today you’d have been short the whole day . Like I’ve said its virtually impossible to make money over time trading in and out like you trade all day long .
 
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