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I suspected the day might not be too terrible when the market opened, everything was raging WAY higher, and my entirely short portfolio didn’t budge. I guess it had been battered enough. It was really quite curious, but now that we’re a couple of hours into the trading day, we’ve gone from all green to all red. I’m not saying it’ll stick, but the /RTY is looking pretty ugly.
There really are no words at this point. 2023 has been the Bulls’ Revenge Deluxe right from the start, and this morning, yet again, is a sea of green quotes, lifetime highs, and a new saucer ready to launch the /ES into yet another recovery peak.
