Jun. 11 at 8:30 AM
$SPY since Tuesday last week every position I owned was a bearish one. Puts,
$TSDD $SOXS $SPXS and
$NVD
It was a nice ride but the reality is Trump knows a true 10% correction is coming and he needs to pump it up more before then or avoid it entirely due to midterms. Those 40-50 year old votes who I absorbed their parents accounts aren’t looking at it being up 50% since last year; they are looking at it 5% down and those votes count for him.
As crazy as it sounds Trump will do and say anything to pump the market.