Trader Asks: Was That The Greatest Squeeze In Market History?
By Kevin Muir of “The Macro Tourist” fame; reposted here with permission
It seems like just yesterday the overly confident bulls were openly taunting any market participant that dared counsel about the increasing risks in the equity market.
“You don’t get it. Trump’s tax policies have ushered in a new era of corporate profitability. Why fight the rise? Nothing can stop this freight train.”
Yadadada. It’s always the same. Markets make opinions, not the other way round.
All of s
Love it. I bit at the close yesterday only to **** crap my pants when I realized the Vix spike in the last 20 minutes hadn’t been accounted for. Luckily I was in SVXY instead of XIV. Bought 2nd half of the position today. Good money after bad? Time will tell. I still need a 100% gain to break even. LOL…. Love your stuff so thought I’d chime in. Thanks for your brain and sharing its thoughts with us.