Why tf is Russia murdering innocent Ukrainian civilians?
- Thread starter KCalhoun
- Start date
There is no way it is going to last. The markets are going to keep drifting down until the war is over. So if the war takes a year to resolve, the markets will be drifting lower for a year. Inflation and stuff.
It was an honest question. I was too lazy to dig into it myself.
True, but they shouldn't be up right now. Long term our economy is the driving force, and I would tend to agree, the path going forward certainly favors south in a big way, but near term, you've seen how things move on any semblance of good news out of Ukraine. I honestly don't think it's the btfd retail crowd tonight. Not after that close on Friday. I could be wrong, it might be a precursor to a huge drop tomorrow. I do doubt that however. The Dow is leading with the other two close behind. That's usually a good sign. We'll see, but perhaps more negotiations are happening as we speak. Again, for all 3 to be up right now, I suspect something is happening. Will it lead to anything other than more of the same stuff we have seen for the last two weeks? Who knows, but Zelenski is overdue for a little less stubborn bravado and a little more negotiation at this point. That or Putin turns the country into gravel. The light needs to come on at some point. War has winners and losers. Sometimes ya gotta cut your losses.
Then dig in if it was not a rhetorical question.
If it was, then fooled me once, lol.
Shorts covering to take profits. So that causes the price spike. Right now they are establishing new short positions. Good for them, bad for me. Alas.
Why would they do that if the market is heading south.
There's no logic in covering a short just to establish a new one at the same level as far as I know.
Try not to "@overthink" things @Overnight. It'll be the death of your portfolio.
It's a capturing the profit ploy, so you have more money in the account to get bigger exposure on the same move? That's the way I see it. But my gut tells me two things...
The market is heading way deeper until this war ends, and that you will not be seeing much of me here any longer, because I need to get some steady income if I can, and hang up my trading hat for a while.
I can see what is coming, and it is not pretty.
You may be onto something. There are reports they are talking and it sounds optimistic. That is from one of the Fox News guest. No sure how reliable her source is though. We will see if something comes out of it.