Bullish
$SPY Market trend is headed up. The newsmakers (Cramer included) are trying their best to get the week bulls to drop their cards out out of fear. There have been three recent waves of what some might call black swan "crisis" that caused selling. Each time I had puts, they lost money and the market rebounded within 1-2 sessions. The smart aren't scared of the hype being spun by CNBC and the like. Regular news is all about Kobe and Oprah and Trump and Biden and Buttigieg, with a dose of fear mongering going on about Corona. I ain't scared, China will NOT let their industry fail over the flu. There are ways of getting the factories humming again while they work to contain the spread. Smart money ain't scared. Market open high or low tomorrow? 50/50 odds either way, but rest assured, it will be up by eod or Tuesday once the weak hands have dumped.
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