The "extreme uncertainty" is killing me.
Just have to be patient... I've been doing alot of research and posting alot on this site as well, kept me busy.
Am short on AUD crosses as well as the us dollar against "emerging" economies, not sure if this is the correct term.
Going to short short the SEK if it gets to where I want.
There is nothing really that good...
I hope this downwards drift is the start of something how can we go so long with just sideways?
When you'll just start considering buying at the lows and selling at the highs this is when it will break.
I wonder if retail traders with a 0,5 reward/risk ratio are now having the time of their lives?
If we can't make money for several months at least we'll have government free stuff anyway, but it's just boring.
I just hate those periods so much. Going to start really doing more long term operations and probably trade us stock options.
All that money in the us was not spent. I hope it gets spent soon. And they provide free healthcare and every thing.
I think I hope Bernie wins and starts all sorts of social programs. But the next president only arrives in so long. We need this before.
Why does the whole world have to be frozen because of the USA? More checks more free stuff come on speed up the collapse I have things to do!
And banks print print print with their new 0% reserve requirement. So if they could just spend asap , got to restart the economy.
This is not sure hence the uncertainty. We all know the spending will keep increasing and the usa will collapse so can they speed it up a little?
Without all the nasty stuff
Same concept as...
And of course it can reverse too.
The USD MZM supply balloned by 20% in 2 months between early March and early May, and that fake money has yet to be spend. Turkey Mexico etc haven't done something like this afaik, just some rate cuts for some, so I's really expect a big down move on the USD, maybe.
But I'm not a complete bagholding idiot. There are so many possibilities, I don't want to hold the bag forever if it keeps going up, and I don't want either to keep taking new trades and getting stopped.
So I think I'm only interested in a small pullback followed by a big continuation down.
I hope it doesn't bounce and just accelerates down.
If it could go to zero faster that would be great.
Dream big. Need to cover for all those losses.
The stock market isn't even that important. There is a bubble in everything, and the more they keep inflating it the bigger the wealth & income gaps grow. The Venezuela stock market has been going to the moon, at that point we don't even know what the bolivar is worth so its hard to tell.
GDP contraction unemployment and several crisis are going to be there either way. The stock market can go sideways, up, down. Powell said it could crash and you could lose all of your money, so it's not in their plans to directly inflate it.
The 1929 great depression was seen as just a dip the first fifteen months, here I'm sure people will be persuaded it's over quite soon. Mainstreet bull sentiment already went skyhigh.
I'm not sure I understand what you mean, you just mean the stock market, and they all use it as the ultimate reference right?
Here is a 200 year old chart with revenue debt, the price of bread, and some wars, I wish I could post a picture here, it' sinteresting I think :)