Far from any resolution to the conflict…and even if it did happen today oil supply chains are fucked for 6 months to a year. Layoffs and frozen hiring everywhere. Inflation creeping everywhere. Pending AI takeover of entry level to mid level jobs.
Dont get me wrong…as a long term buy and hold investor I dont mind the boost to my portfolio. Getting boned on some covered calls I need to close or roll. But regardless…This crazy surge makes no sense.
Why is the market ripping?
byu/AlaskanSnowDragon ininvesting
Posted by AlaskanSnowDragon
10 Comments
Yes
its ripping bc my farts are also ripping
In nominal terms it is, but the fact is that the dollar has lost a ton of value over the past decade and it’s going to add upward pressure to market valuations
Because nothing makes sense. I’ve never wanted to “time” the market more than now because it’s all seemingly off pure hopium and my ROTH portfolio is already up 14% YTD.
It’s ripping because
Because you bought puts
Perhaps you are not the geopolitical expert you think you are.
Let your CCs get exercised. But the dip later.
I think a lot of short positions got covered today. I expect volatility to continue over the next few weeks.
I bought oil at the end of the day. Maybe I’ll get screwed overnight but something seems off to me as well