Pretty sober analysis on both sides of this video:
"The short term positive momentum really caught a lot of investors off guard"... Count me in there! I'll look to ride a break out too, but I don't think its happening.
" I think the market trades sideways and range bound unless and until a trade deal happens. But consumer data still looks pretty healthy, so if there is no recession and no inflation it's just not a fit for us right now."
That seems exactly right. When things really go down (trade deal, inflation, recession, war, etc.) , I think we will see a breakout and then a run up. Until then, I'm looking for short term opportunities.
When things really go down (trade deal, inflation, recession, war, etc.) , I think we will see a breakout and then a run up. Until then, I'm looking for short term opportunities
Ignored
This is pretty close to how I'm feeling as well bigtx. Short positions will feel scary because there's always a chance of news breaking. But with so much already priced, and so many investors already long, there should be some short swing trades with pretty good odds. I'm looking for 50% retracements on upside bursts.
