As of writing, QQQ has bounced 20% from the lows, while ETH is +62% from its mid-June lows (many alts are up multiples).
Great post as always, appreciate your call on XMON. Finally took some profit this week :)
We report, you decide. Risk assets have ripped since the last fed meeting
Does not mean we can not have a nice little rally until the next FED meeting. In past recessions/bear markets we have had multiple 40%+ rallies.
See first graph in following post:
https://www.newcomer.co/p/folk-songs-and-stock-charts-coatue
Great post as always, appreciate your call on XMON. Finally took some profit this week :)
We report, you decide. Risk assets have ripped since the last fed meeting
Does not mean we can not have a nice little rally until the next FED meeting. In past recessions/bear markets we have had multiple 40%+ rallies.
See first graph in following post:
https://www.newcomer.co/p/folk-songs-and-stock-charts-coatue