Market rallies on hopes of quick return to normalcy and promises of infinite stimulus / bailouts / QEhttps://twitter.com/ryanstruyk/status/1243227090666885126 …
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The S&P 500 all time high was on February 19th, 2020, as the pandemic was spreading to Iran, Europe, and the US. You can trust the market to always accurately price all information available and behave completely rationally
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did u short it? or just being captain obvious in retrospective?
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That is exactly why ML can't accurately predict the next surge or crash.
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Feb Peak was short-sellers getting their positions in
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The market moves on fear and greed. Greed was high on February 19th. Then Fear kicked-in, with greed still strong. Then massive bailouts fueled greed again even above the raising fear creating delusory hope. In the meantime, fear is continuously creeping in. Wait till next week.
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