“Don't fight the fed”
Market surely didn't fight the fed in 2020. Is it fighting the fed now?
I read a message here saying that being bearish right now is fighting the fed.
if Fed is being hawkish, being bearish is going with the fed, no?
Does this also mean the pivot is a pipe dream for the rest of the year, or do I have a comprehension problem? All these hawkish Fed guys speaking this past week- just ignore them and do the opposite?
I read this week that hedge funds have the biggest ever short position right now. Sounds like they've doubled down, after being wrecked in this June july rally.
The rally forced a lot of short covering, which itself contributed to the rally. This suggests that half of the rally was a false rally consisting of previous shorts and momentum riders who probably have weak hands if the trend reverses.
Assuming shorts are done covering, who else is left to buy up here near the 200 day moving average?
Retail investors collectively have been net buyers everyday of this year. Considering that retail doesn't move the market, isn't retail again just providing liquidity for sellers and smart money to rugpull again?
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