@mgnr_io my proposal to your open call Buy SPY $390 PUT 3/12 Thesis: music stops for stonks 6-12mo after credit markets jitter nitter.kavin.rocks/biancoresearch/s… Perfect timing for Fed hike overshoot to play out, crash and reverse course
Replying to @biancoresearch
14/14 So, if the bond market is having epic convulsions in the wake Fed printer getting turned off, do not take solace that the stock market "doesn't get it." This is how financial markets turn, the stock market often stays too long and turns last.
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A tap of the 200 WMA seems logical, eyeballing it at around ~$370 Dec 22 rather than $390

Jan 9, 2022 · 8:45 PM UTC · Twitter for iPhone