We are seeing some of the WORST numbers possible for the economy and the stock market is UP. What the hell?
Seriously. I sometimes think this is an entire operation that's just trying to take all the money from right wingers.
DWAC? Down massively. Conservatives? Shorting the market. Election frauds? Keep happening.
Thanks for the answers.
I think some of the uptick is also due to inflation so I could reasonably see an additional 15%~ "growth" but not true value increase from the 15-18k.
Most of my money is out of the market except for true long buys and some GME for the short play. I will look at scalping but I am concerned about market crash exposure and have no idea where to start on good picks. My friend did it for a while by focusing on daily high volume stocks that show up on charts across brokers.
Here's a tip for you if you're looking for stock picks. This is the best free screener out there: https://finviz.com/screener.ashx However, a HUGE caveat. Always keep in mind overall market risk/vulnerability when using a screener. You might find an awesome "flavor of the day" using a screener, but if the overall market is at a top, or a big selloff occurs, your good pick will go south with the downdraft. If you use the screener a bit, and get used to the peculiarities with market ups and downs, you'll see patterns...the most basic being more results with your identical variables in "healthy" markets vs. market tops.
Awesome resource, thank you! Keep in mind this is not real time, but has a 15-20 min delay.