• Thor Trades

Dead cat bounce number 2 is upon us

While futures are higher tonight - we are in a trading range from 2400 to 2620. All we are doing is testing the upper range. Until we see significant news on the pandemic, it's just going to once again get rejected - and I think we will just bleed from that level throughout the night.

I dont doubt that we have a rally when things look more positive with the virus - but the bearish case has to do with the structural damage underneath. There will be no V shape recovery. We will NOT go back to normal, not for a long time.

3 views0 comments

Recent Posts

See All

O’Bummer vs Trump

People talk in stupid generalities about Barack Obama and his policies. Most people would answer that he “did a good job” because the media adored him. Under Barack Obama's foreign policy, nearly ever

This is dumb and dumber...

Drew Brees really put the name of a rapist with a warrant who resisted arrest and pulled a knife on a cop on his helmet. Yep! Brees stood up in the beginning to say he would never kneel during the nat