-virus closing businesses
-boomers retiring & cashing out of their 401ks
-fresh millennial generation over leveraged on stocks using cash app / robinhood, etc, yet to experience their first market recession
-it's not looking so hot atm
-will get worse if trump is not re-elected
-TA checks out (Triple bear div monthly)
Dead-cat + few days of consolidation for vix to cool off (cheaper options) will be the ideal time to short.
Monthly RSI oversold will be when I start accumulating some long term positions in stocks. We are still far away from the bottom.
Not trading advice.
-boomers retiring & cashing out of their 401ks
-fresh millennial generation over leveraged on stocks using cash app / robinhood, etc, yet to experience their first market recession
-it's not looking so hot atm
-will get worse if trump is not re-elected
-TA checks out (Triple bear div monthly)
Dead-cat + few days of consolidation for vix to cool off (cheaper options) will be the ideal time to short.
Monthly RSI oversold will be when I start accumulating some long term positions in stocks. We are still far away from the bottom.
Not trading advice.