$SPDR S&P 500 ETF Trust(SPY)$ seasonality chart for the last 20 years.
March on average is a GREEN or positive month. March opened up at $596 pushed all the way back down to $565. It's red right now but there is a massive catalyst coming next week 🧵
I’m not worried about cpi this month and govt funding end and bill to extend and then apr2 reverse tariff on all countries and then job report in apr will show all fed layoff. I am worried spy will tank to 530
Hedgefunds are not NET LONG or NET SHORT, they are in combinations of both positions and SHORTS so they can manage the risk just in case the market goes a different way.
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This is March 19 FOMC and if this is a repeat of Friday presentation by JPOW then its extremely bullish.
$Tesla Motors(TSLA)$ is the most oversold megacap but remains to have the biggest competitive advantage in its sector.
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