Some reasons why markets dropping again?
1) Reality setting in. Failing at top of trading range a 3rd time. Virus not going away as fast as wanted.
2) The first 6 trillion is not enough the market wants more money.
3) New China problems.
Conversation
I am not good at timing the S&P and have been in and out several times at breakeven trying to time this drop. Recently sold of my SPXU stock position (again, great timing 🙄) but hedged with some OTM calls and those have already overtaken my lost opportunity on the stock 😃
