We are still very early in a potential bear market. If someone wanted to short, there is still a lot to fall. We paused at the 50-day moving average, but may breach it next week. A lot of money can be made staying short long term, if we have entered a bear market.
Today I saw three huge orders to sell SPY at market close. Each order was for 2048120 shares of SPY at $292.62. The total was nearly 1.8 billion dollars.
Disclaimer: This message is for entertainment only, may not be correct, and should not be construed as an investment recommendation.
Today I saw three huge orders to sell SPY at market close. Each order was for 2048120 shares of SPY at $292.62. The total was nearly 1.8 billion dollars.
Disclaimer: This message is for entertainment only, may not be correct, and should not be construed as an investment recommendation.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.