Folks are getting all hot under the collar and bulled up on stonks after recent mindless rally on stupidity of lower rates in early 2024 and lower inflation.
Folks I hate to break it to you but we are in the early innings of a generational bull market for inflation and yields. Buying stonks at these egregious valuations is a recipe for disaster.
I added to long term shorts on RUT at 1830 today expecting at least 10% or more downside from here and maybe a lot more in coming months.
Oh and by the way, the RUT is now FLAT over the last 3 years since Nov 2020. How do you like that bull market eh, especially when you could have been in cash earning a nice yield risk free!
Folks I hate to break it to you but we are in the early innings of a generational bull market for inflation and yields. Buying stonks at these egregious valuations is a recipe for disaster.
I added to long term shorts on RUT at 1830 today expecting at least 10% or more downside from here and maybe a lot more in coming months.
Oh and by the way, the RUT is now FLAT over the last 3 years since Nov 2020. How do you like that bull market eh, especially when you could have been in cash earning a nice yield risk free!