This pivot narrative has caused a lot of copium. I wonder who started it... Anyway, I don't see it myself; the most I'd believe in is a pre-FOMC rally cause if we do pivot, they're just going to give me the easiest game plan since last year-long in November SPX puts going into February.
And I don't even want that to happen, all pivot means to me is "fuck recession let's do depression".
Tairfare t1_iybbdfr wrote
Reply to 11-29-22 SPY/ ES Futures and Tesla Daily Market Analysis by DaddyDersch
This pivot narrative has caused a lot of copium. I wonder who started it... Anyway, I don't see it myself; the most I'd believe in is a pre-FOMC rally cause if we do pivot, they're just going to give me the easiest game plan since last year-long in November SPX puts going into February.
And I don't even want that to happen, all pivot means to me is "fuck recession let's do depression".