IncomeSharks
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Crypto and stock trader focused on fundamental analysis, trend analysis, and swing trading.
Looks like a 2022/2023 year coming, was hoping for a 2018/2019 year
Now that we have 3 full months of data I have to start thinking instead of Trump repeating his first Midterm (price action was looking more like 2018) it's actually more likely we get a Biden type of midterm (double digit drawdown and slower bleed). The reason I've flipped back and forth every month or sometimes even weeks is because per usual we see price action that causes you to deviate one way and then events happen to pull you in another direction. Inflation was cooling, then back up. The fed was close to cutting then now probably not. Unemployment was going down now flirting back up. GDP was expanding, but now contracting.
The past decade we've only had 2 red years, both midterms
It's almost more annoying when history keeps repeating itself because you feel like no way with different conditions it can keep playing out. I've learned early on to not fade the Midterm Rally but what's been more difficult is trying to p