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SANTA Rally about to end...


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#41 12SPX

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Posted 31 December 2021 - 09:08 AM

One thing I gotta say though is I think its insane that people are forecasting a single digit gain for next year when it took the market 5 days to gain +5% lol!!  Think it seems stupid to make claims like this lol!!!  Do agree that volatility will be much higher with I even dare to say.......at least a -10% correction!!!swoon.gif swoon.gif swoon.gif 



#42 redfoliage2

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Posted 31 December 2021 - 09:42 AM

One thing I gotta say though is I think its insane that people are forecasting a single digit gain for next year when it took the market 5 days to gain +5% lol!!  Think it seems stupid to make claims like this lol!!!  Do agree that volatility will be much higher with I even dare to say.......at least a -10% correction!!!swoon.gif swoon.gif swoon.gif

The market has changed since the pandemic.  It's not the same one that followed the Street claims.  But corporate earnings still the focus .....................


Edited by redfoliage2, 31 December 2021 - 09:48 AM.


#43 redfoliage2

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Posted 31 December 2021 - 04:50 PM

A weird day for the last day of 2021 - SPX down with VIX down ...................


Edited by redfoliage2, 31 December 2021 - 04:53 PM.


#44 dTraderB

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Posted 03 January 2022 - 10:53 AM

YEAH, even with down markets in 2022 it is most likely markets will finish the year with at least a 10% gain

 

UNLESS..... unpredictable event, etc

 

One thing I gotta say though is I think its insane that people are forecasting a single digit gain for next year when it took the market 5 days to gain +5% lol!!  Think it seems stupid to make claims like this lol!!!  Do agree that volatility will be much higher with I even dare to say.......at least a -10% correction!!!swoon.gif swoon.gif swoon.gif



#45 dTraderB

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Posted 03 January 2022 - 10:54 AM

Good luck to all of us in 2022! 

 

Yup on this last day I can say all I did yesterday was add to my short position doubling down actually and now have my short at 4752 going into the new year and as everyone knows I'll cover a little lower when it hits and then start a new short just above.  The market is overdue for more of a pullback anyhow so its tempting to hold but we'll see as calls remain way too exhuberant....Happy New Year to all hope everyone's trading is incredible in the new year!!!