I guess it's true...stocks only go up... $AAPL $TSLA

in LeoFinance9 months ago

This run has been Dot Com Bubble-esk. And we continue to see these asset prices of stocks get pumped higher and higher. With AAPL and TSLA both splitting they have rocketed the Nasdaq to higher prices. After missing the last couple of weeks and being on the wrong side of the trades here (for the most part) I am looking to step in and short this sucker big.

  1. With record low short interest
  2. With AAPL and TSLA blowing off to the upside
  3. Retail traders have crowded in with Portnoy
  4. Stimulus is now priced in again...

There is just way more risk to the downside overall than to the upside. Individual stock picking is great and Iam still looking for good patterns and stocks setting up. However, I am looking to short this sucker here again...

Posted Using LeoFinance

Sort:  

But it's just not true damnit! With a world so full of inflation it really just might be true though. Until all of a sudden it's not true anymore.

I can see a situation where after the US election, all bets are off and that's when the market is finally going to catch up to what's happening in the real economy.

Posted Using LeoFinance