Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
Historic End to a Down Month
Sat, Apr 30, 2022
It was a rough finish to the month of April. Not only did the S&P 500 (SPY) finish the month with an 8.78% decline month to date, the biggest one-month decline since March 2020, but the last trading day of the month was one for the record books. Since SPY began trading in 1993, the only bigger drop on the final trading day of the month was in August 1998. Back then it was a much larger 7.13% decline.
https://www.bespokepremium.com/interactive/posts/think-big-blog/historic-end-to-a-down-month
Sat, Apr 30, 2022
It was a rough finish to the month of April. Not only did the S&P 500 (SPY) finish the month with an 8.78% decline month to date, the biggest one-month decline since March 2020, but the last trading day of the month was one for the record books. Since SPY began trading in 1993, the only bigger drop on the final trading day of the month was in August 1998. Back then it was a much larger 7.13% decline.
https://www.bespokepremium.com/interactive/posts/think-big-blog/historic-end-to-a-down-month
5's, 10's and 30's are all at the same intersection and while it's only a matter of time for the 2's to get there, some people really see the Fed raising rates to the moon. Unbelievable.
They have to keep raising until they break the economy, cause a recession and hopefully tame inflation.
I think this should happen somewhere between 1% and 5%.
Who knows the highest level that will be required, hopefully it wont require 7 to 10% rates, or even higher. I dont think that much will be needed. That would be insanely painful. Things should break well before then.
Lets hope 2.5% is all that is needed.
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Even though you might be making money on your shorts, i am surprised you are cheerleading the bear side in this way.
You seem to be a small lot trader and so i guess you make most of your money as a vendor.
I doubt a recession will be as good for your vending business as the bubbly bull market was.
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true, i make more from course/room sales than trading
today was a great day... i basically pair trade uvxy vs soxl, did >110rts today, up 2k, trade 150-400shares at a time
Everything is going back to pre 2020. Mortgage rates went back a little further, to 2009. Keep in mind Apple is over owned, meaning damn near everyone owns it.
The image you posted a few pages ago.
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