SPX - Short w/Getting Long

BLUF: This market has No comparisons, dynamics are in the stratosphere...this is 100% driven by the FED & Covid-19 Global Natural Disaster...you cannot/should not deny the eventual effects of this much "Fed liquidity" and "FrontRunning the Signature Management" of the underlying nature/expectations of Market-Makers! I think the odds are Higher for a pullback...Not a "Retest of the Lows," w/out this pullback this dynamic will continue to be a magnet on markets downward-consolidation...and Yes, they are pricing in everything from the future to the present!

UNK's:
-Covid-19 Macro (Increasing, Decreasing, Re-ignition level in the fall, If will continue to live among us)
-JOB's...Economy will take time to get back up to speed.
-Energy...Oil is going to be low for the next couple of years (OPEC+ is a joke...they will Not do the "Right Thing")...Effects = US Shale much needed thinned out thru bankrupcy & consolidation (M&A)...US Shale Oil gets the HIGH MARK for American Greed...You Reap what you Sow!

Plan = Process + Manage your Trade(s)...Find-Fix-Finish!

Strategy: Continue to raise Cash and Layer/Average in to Long Term Value into your portfolio...Speculation in this environment will burn you every single time...Heads on a Swivel/Bullshit is all around us...WallStreet, MainStreet, DC Incompetents...

Cheers...see you at Happy Hour Soon... Fookin Headshots Only...

Comment:

Going forward into the Future:

USD eventually comes down 10-15%....Global Central Bank Liquidity and EEM's need a lower USD, No Inflation until at minimum 2023...Deflation Only currently, so think about those environmental(s) and what will be at play...Cheap Oil, No Inflation and Lower USD Slowly....ETF(s) longterm Good to Best Buys....I like XLF (Banks) and XLC (Communications Not Tech but Semi's will Increase also)