This short-term rebound could very well be a dead cat bounce. With EPS estimates revised down and the Fed unlikely to step in quickly, there's not much support under the market. I’ve trimmed some tech positions into strength and am holding cash in case we retest lows. The S&P’s current valuation still feels high compared to historical averages.
Instead of betting heavily on inverse ETFs—which can suffer from decay—I’ve been testing strangle strategies on SPY and QQQ to play the volatility. It offers flexibility without committing to one direction. @Tiger_comments @TigerStars
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- 1PC·04-13TOPNice Sharing 😀 I read it as a potential Dead Cat 😺 Bounce too [Speechless]... Time to Reduce position [Facepalm]. @Jes86188 @Gis @Barcode @JC888 @koolgal1Report