Today I see the QQQ struggling to break another ATh on it's winning streak. Like many investors, I have no reason industrially to believe that the entire information technology sector is worth 2.5x what it was worth in 2020 spring. It was overvalued then, and now, well, goldilocks is about to meet the bears and say - well, I want it that way (pointing to the cold...
There is a time in everyone's life when the fulcrum is reached. I agree with those who say it is validated with any close below 5650. We are going to re-test the supports now. I am 3x leveraged on a retaacement, utilizing 10% of the bond portfolio , for hedge on my equities
Repairs the world has a lot of enthusiasm four consumer sentiment, let's not forget the wonderful consumer sentiment is driven by credit cards. The trickle down economics of the soft landing will reap many billions of dollars in interest fees over the next 12 months, before interest rates are brought down, the US consumer will be brought down, that is what the fed...
Short. I am in watching this for a while now and it was just such a perfect totally uninterrupted rally. Doesn't anyone seem to think that rebound from the falling knife a few weeks ago I was a bit to perfect looking? I have 10% of my portfolio on puts for August 23, because I just can't imagine closing in on this last final one percent to ATH without a correction
