The mishandling (and coverup) of this pandemic by the USA is the main story of the past 6 months. IMHO if you're an investor you should dedicate like 2 -4 hours a day to the study of only this.
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Yeah I am all in on
$SPY puts. The narrative of the post-covid reopening cannot fly forever.1 reply 2 retweets 7 likes -
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It will be a slow bleed, rich people will take advantage and profit from the money fed puts in; a slow slow bleed
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Replying to @TheTeslaBear @NorthmanTrader
Not sure. The professional traders have been on the sidelines, and IMHO the opportunities if you have dry powered are vastly superior on the short side versus the long side. I mean, just imagine shorting or buying puts on all companies that have debt service in excess of profit
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All the regional airlines, hotels, casinos and cruise lines are still going to have trouble staying out of chapter 11 if utilization stays near these levels until mid 2021.
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Time to short
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Time to short was last Monday.
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lol, it's a long way to reality from here.
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