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!!!
SANTA Rally about to end...
#41
Posted 31 December 2021 - 09:08 AM
#42
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!!!
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
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
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!!!
#45
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!!!