Quote:
Originally Posted by Will
I'm not selling yet. Earnings growth = accelerating. Inflation = accelerating. Spread = widening. COVID comps are juicy for Q1 as we've seen so far, but Q2 and Q3 are where the real fireworks are (Most of Q1 2020 was Covid lockdown free).
Why is everyone so bearish right now? Late 2018 after the cycle peaked through the crash of March 2020 was the time to be bearish. Anyone overweight gold and treasuries beat the market not only through the crash, but even in 2019 alone. I dumped all of my gold and treasuries a few months ago.
Yes, this horse-**** will end badly. But not yet. And aside from all the macroeconomic factors in our favor, the Robinhoodies have another $1400 stimmy coming their way.
Now that I've said that, everyone sit back and enjoy the great crash of 2-8-2021.  |
My reference was to sell the rip of GBTC and LAZR, not that the market in general would sell off. I'm full in in my 401k and will be until they start tapering.
My Vegas day trading money is just that and what I'm speaking of.
At this time, Bitcoin dropped almost $3k since my first post so I guess that trade is off for the time being.