Thursday, September 3, 2020

Robinhood Traders Need To Go To Cash NOW [Here’s Why]


One Option Trading Blog https://ift.tt/32ONvhc Posted 9:30 AM ET - I have not been bearish since the market found support in March. This week I have been highlighting technical reasons to be on the sidelines and I believe that we are due for a deep and brief pullback. This is not something that long-term investors need to worry about, but it is of concern to short-term traders who use leverage. I don't know if the market drop is coming today, but it is likely this month. It’s hard to imagine that the S&P 500 is trading at an all-time high when Q2 profits were down more …

No comments:

Post a Comment