It's totally a traders market.
And the trader that takes profits is the best trader of all.
Today's action.
There were 2 shorts that did well.
1) Short the open up 67+ on the s&p. Cover up at only 30 +.
2) Short next rally up 76+. Cover short up 39 points.
3) Buy the dip.
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Meme stocks did well today. But, yeah don’t think it was a launch pad. Take profits. Problem is most people in those are bag holders.
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Brian trade $SOXL, semiconductor ETF, follows SP mainly but 3x leverage heavy swings and good long term invest ment. Such good price action