@HonoredOnly@WatcherGuru Wouldn't recommend shorting it; more staying in cash.
I backtested just buying Monday, selling Wednesday close, and since Trump has taken office, it undoubtedly beats buy and hold.
Since Trump took office, $SPY runs the same play every week:
Monday rips. Thursday dumps.
Thursdays have been red 78% of the time. No other day comes close.
Today? Thursday. $SPY down -1.5%. Like clockwork.
President Trump over the last 36 hours:
Friday, 3:40 PM ET: "I don't want to do a ceasefire with Iran."
Friday, 5:15 PM ET: The US is "considering winding down" the war with Iran.
Today, 2:00 PM ET: Axios reports Trump is planning "peace talks."
Now: "If Iran doesnβt open the Strait of Hormuz within 48 hours the US will obliterate Iran's power plants."
What's happening behind the scenes?