Markets rose a stunning 1% today, and tech rose 2+% across the board. Markets continue to reach new highs as the pandemic rages on. MANY of this subreddit were bearish back in March/April. The market has risen tremendously since then, with some stocks like Tesla rising more than 8 times their pre-pandemic value. If any of you were foolish enough to short, you would have suffered massive losses.
I am curious if there are any more bears left. If so, what could possibly be your thesis at this point? Vaccine is rolling out, interest rates are low for the next decade, a stable president is going into office, and trade war with China is finally coming to an end as China and US move towards friendship once again.
Submitted January 21, 2021 at 03:12AM by UVXY_IS_50_DOLLAR https://ift.tt/2NjrlPX
