For the first time in over 20 years we have retail shorts and puts at an all time high and insider trading at a minimum.
SPY will probably stay resilient till mid next year and may even recover up to 4200 level easily in the next few months.
All because big banks don’t want to let the average retail win. And also metrics for the economy are doing better than expected and we may have a Santa Claus rally on our hands.
daveysauce t1_iy1ub6a wrote
Reply to PUTS ANYONE? by Stock_Man69420
For the first time in over 20 years we have retail shorts and puts at an all time high and insider trading at a minimum.
SPY will probably stay resilient till mid next year and may even recover up to 4200 level easily in the next few months.
All because big banks don’t want to let the average retail win. And also metrics for the economy are doing better than expected and we may have a Santa Claus rally on our hands.