For some people the market has been bear for most of 2021. While I can’t complain, sitting near record highs in my trading and quant, I will admit the past 6 months have been challenging and if you weren’t adhering to Tera caps only, you found it exceedingly difficult to make any money.
Holy Hell… pic.twitter.com/0GHkMt9xw6
— Ralphie (@Greensheet6) November 22, 2021
Today is a perfect example of chicanery, still open and subsequent collapse in risk names. Look at SAAS for leadership.
I’ve been out all day and am down 90bps on the first day in what is dubbed the best week to trade stocks. This seasonality factor has kept me from hedging or getting aggressive. I have a largely mega cap portfolio of well known names and only seek 1-3% gains for the week. If I were to have wanted more, I’d be down 3-4% today.If you enjoy the content at iBankCoin, please follow us on Twitter