I predicted (but did not profit off) the market would go up into the stimulus bill passing.
now it looks like no deal at all, as Trump always does what will help him get elected, and acting on his own will seem like the best thing to him. Not saying is right or wrong, but Trump decided to not compromise with Dems, and now the economy will suffer because of it.
Only problem is the money will not actually get to anyone! Sure, college loans will be foregiven for awhile, but not totally cancelled.
And if anyone actually gets the $400 a week, it could be months before they do.
Will the market finally have a 5 to 10% correction? Last week's action looked like a "blow off top"
NO reason we cant go another 1% higher, but I am now 200% short spy.
Last, the fed will pump massive amounts of money into the system if the market falls 5%, so I doubt we drop more than 8% at the most in the next month or 2
