You may be wrong too like me wrong…Let us wait and see…
Last two weeks whip-saw causes me huge lost profit. Closed SOXL and BABA too EARLY!!!
SOXL 7.22%!!! Damn and I don’t own any 
How come you are still having the FOMO? You should not have such FOMO as we never know how long the bull run/bear run etc.
The markets can remain irrational longer than we can remain solvent!
See VIX and SPY up continuously many days since Aug 17th.
Personality can’t be changed!
https://www.cnn.com/2020/09/02/investing/joe-biden-stock-market-donald-trump/index.html
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The bet is that these companies might thrive if Biden wins and pushes for the United States to rebuild highways and bridges, wean America off oil and restore fractured trade relations with China, Japan, Europe and other global economic leaders.
So construction equipments such as DE (I own some) and semiconductors (e.g. NVDA, AVGO, MU) have been soaring. I miscalculated, should have bought more SOXL rather than close. Thought uncertainty means market would be down. But Mr Market has made a bet.
I do not speculate based on elections or other forms, just follow my broken algorithm (see, it is broken by market!). Most of the times, it was right.
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Today too, market is strong, even if there is a dip, it may not be 20%, but my guess is appx 5% pull back or similar to it. Looks to me, lot of pre-emptive puts are in place and market is staying strong.
AH is red.
Well? Any famous last word? Anyhoo, I did a computation, 20% decline is consistent with the retracement of a corrective wave four of intermediate degree, so bull market won’t turn to a bear market yet just a deep correction.
The last time Biden was part of the administration they spent trillions and failed to rebuild much of anything (remember those “shovel ready jobs” which weren’t so shovel ready?) so I doubt this time will be much different if Biden wins. Look at the “rebuilding” efforts in the Bay Area after Loma Preita. The Left wraps itself in so much red tape they can’t actually do anything except get in the way anyone actually trying to do something.
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We both failed to get exact date of fall anyway. Unless S&P dips 3% to 5% today, market correction is not assured.
If dip started with 5%, market will slowly reach down between 10% and 20% stay there until election results or next quarterly reports on.
For me, good lessons learnt in trading to catch exactly next time !
S&P is going correction mode…finally
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Yesterday so unhappy that I have closed too early.
Today I’m happy that I did.
Mr Market is an emotion manipulator.
SOXL drops ~15% and BABA drops ~5%.
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Weird day. Cruise ships up. Gun stocks down. This is not about bears. This is about pigs. Insiders taking profits.
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I have never been able to get the exact date 
Have been averaging in. Last buy yesterday at SPXU = $7.55
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Remember, I trust my broken algorithm, it works, but not precise enough to identify exact date ! In few years, I may be able to fix…hoping so !!
The good thing is I purchased 1 share of many possible companies (such as tsla, aapl)…etc at peak price, will be able to see how much it drops…
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IV of stocks keep increasing.
If I guess, VIX will be killed, reduced after today…but market slide/correction is confirmed…Since I jumped too early,last week, my gains were small…still some gains…
BTW: This is for my discussion purpose, but not a stock advice, neither financial advice, Anything you do on stock market, you are on your own.
It’s hard to tell if this is profit taking or rotation. Tech is definitely hardest hit, and it’s had the biggest run. If other sectors are green early next week, then it’s rotation.
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Posting for awareness: I see this attractive reasoning/message
Truly, News analysts is attaching a sensational story as reason for market action, but that is not true.
The real reason is market pull back from deep down as market makers would have oversold by shorting.
I understood the pull back and secured some UPRO/TQQQ/TSLA yesterday at low price, will be selling for profit today…Just an easy money.
BTW: This is for my discussion purpose, but not a stock advice, neither financial advice, Anything you do on stock market, you are on your own.
