It really is a sad thing. Thats why we must do our part in educating the people around us that the system was built like this intentionally and the only way we can stand a chance is if we join their game. Atleast investing is more accessible than ever, and so is the knowledge!
@Angeltrades3 Even worse, the middle class who disproportionately do not own assets outside of their home if they even have that are getting crushed relying on cash. So not even catching up, they're getting wrecked because the majority own no appreciable assets.
Enjoying my last few weeks in Baja California before booking it further down south to Central America! Used to dream of days like these🙏 Thank you God and thank you capitalism for pumping the stock market until the end of times! ⛱️🌴
If the S&P was worth $100 6 months ago its now worth $110 b/c hyperinflation. That's why we're back at all time highs. Its a never ending cycle of cont. inflation = higher stocks valuation. THIS is why the rich get richer while the rest who are uninvested play catch up!💸
Back to all time highs we go📈✅️ How have you been trading this market?
So far I've cashed on some $AAPL $PLTR & $U calls just trading shorter term moves!
personally im not buying the news, the market has been due for a bounce and it finally came after tapping the 630 pivot. Unless we see a strong move over 655 things remain BEARISH $SPY
The markets are pumping after Iran's President said Iran is ready to end the war if they receive security guarantees
But are the markets aware the President has no power, and has made similar statements before?
I hope there is more to the market pump than just this statement.
$TGT averaged down on the 123c at .30 and sold for breakeven at .60 Far from being a good trade, that late entry cost really cost us. Onto to the next high conviction trade.
BREAKING: Iran’s Speaker of the Parliament provides trading advice to investors trading US markets:
“Pre-market so-called ‘news’ or ‘Truth’ is often just a setup for profit-taking. Basically, it is a reverse indicator. Do the opposite: If they pump it, short it. If they dump it, go long. See something tomorrow? You know the drill.”