If you got fooled yesterday when market soared after the FED said they were raising rates sooner than predicted.
You weren't the only one.
That was one of the best short squeezes I can remember.
Conversation
Brian how come when markets are red stocks come down soooo much but when markets are green, stocks only go up a little
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You’re buying the wrong stocks. If a good stock has already been beaten down so much it’s probably not going to move much further down on red days.
In hindsight a short squeeze was easily the profitable thing to do to a market in deep anticipation.
Fed has been doubling down on the reality of that News for months and every trader presumed the “right” thing to do was to short the market.
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