Moshkelgosha

If you think market will be saved by 1.9 Trillion stimulus..!

Moshkelgosha Updated   
NASDAQ:TSLA   Tesla
Today many newbies are happy because US Senate just passed the 1.9 trillion bill.
But let's see what happened in the last 8 weeks in the market.(MARKET CAP CHART)
The top ten companies with the highest market cap have lost almost 1.45 trillion of their market cap in the last 8 weeks.
Hypothetically, IF PEOPLE INVEST THE WHOLE 1.9 TRILLION IN THE STOCK MARKET IT IS NOT ENOUGH FOR TOCKS TO REACH TO ALL TIMES HIGHS.
Only Google and Berkshire behaved differently in the last 8weeks and they did not lose their market cap!
Please be realistic..!
PLEASE REVIEW MY PREVIOUS ANALYSIS ON MARKET CORRECTION SINCE JANUARY 29, 2021
Moshkelgosha
Comment:
In next few days and weeks , Market will teach us the definition of “Bull Trap”.
Comment:
8-12 March 2021 Trading week Strategy
It is important to know best trade set up is when daily, weekly, Monthly outlook aligned in the same DIRECTION.
I believe since 3 weeks ago we do not have such a set up! So we have to continue practicing sitting out and watching the market!
New trading set up
1- if there is a good buy opportunity we will get involved but we close the position in 48-72 hours (1-3 days plays jump in and out fast, remember 2wks ago)
2- All stop losses will be 2 cent below the lowest price on March 5th, 2021.(no matter what chart or ticker we trade..!
3- for those who are in big loss there may be good opportunities in the come week to exit in higher prices!
4- stay tuned for charts
5- option traders wait for bounce back and then short (buy puts, naked)
6- we don’t buy these deep..!( actually never allowed in my system)
Comment:
All good news will be neutralized in BEAR 🐻 market..!

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