Mr Cooper Group Inc (COOP)

[lodas]

The previous pattern of "buying the dips" whenever the stock markets fell before, has seemed to change lately with the NASDAQ 100 from the last two sessions...the high flyers were down big today, and the ARKK funds have took a big hit as well as a lot of other hedge funds who are heavily invested in momo stocks.... if the sell off persists, I look for many funds holding coop stock to possibly sell to cover losses in other stocks in their portfolios...this could be an event that short sellers will use to cover their over 4 million shares short position in coop....I have for some time posted that a stock market correction was inevitable, with the covid pandemic, stock and housing bubble, cryptocurrency mania, and a general non healthy exuberance of gambling on stock price rise in the marketplace...in concert with massive job lay offs, forbearance on homes and rents payments, and now with spreading variant covid mutations, europe might be the next epi center for another pandemic wave...a global spread of the virus will decimate poor nation economies and wreak havoc on hospital infrastructure care facilities now is the time to put on some hedge protection on your stock portfolio...use whatever techniques that work for you...interest rates are set to rise which will kill this long time bull market, and may be many years before wealth generating opportunities come back... to be warned, is to be forearmed, as they say....Lodas