It's been 5 years since the last time Ive published an SPX idea and also the last time I entered a SHORT POSITION .(Please check my 2019 post) COVID and OIL Carnage(went to negative price! LOL!) was the BLACKSWAN. I was staring at my P/L goes UP while watching the world go DOWN and Im thinking to myself. How the fck is this world going to recover? Can the market...
I haven't been in any of their chains for years. I was gonna drive by Taco Bell but that drive thru was at least 10cars ahead of me. Im not sure if service was slow or maybe lunch time is always busy so I just decided to try Habit Burger for the first time. As a SOCAL In-n-out fed resident their burger and service is pretty good for sure. Not a big fan of Pizza...
Market: DOW FUTURE bearish Catalyst: Missed EPS My BIAS: Beaten stock last year and I would love to enter a lower price for a LONG position.
Crash Late December 2019 Recover late 2020 then SPX goes to 3500