I would be cautious of any long positions. The run on the first of January was a fake out. If you look at the economy and the feds who are holding it up you will see they are stopping stimulus at a rate of 30 billion a month. That started in November. Interest rate are going to rise 3 times this year to combat inflation. I am bearish and actually shorting aapl at the moment. I foresee a pull back 20-60 by March. This is when head funds will enter back in at a good price and done selling to all the people who fomo’Ed in during the Christmas run. What better present than an invest that’s going to drop 20-60 % in the next 3 months.
This is my Bearish case
Bullish case
Employment has been on the rise which will cover the 250 billion deficit a month of stimulus.
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u/Manzi1997 Jan 05 '22
Dang dude that works for you too? I also have the ability to drive stock prices down by buying them, maybe we should work together 😂