SM75 . Small Exchange on Tastyworks . Bear

1 comment

I am bearish the SM75, the Small Exchange 75 Indice, on Tastworks. Of the other 4 major indices it tracks the Russell and Midcaps more than the others. The Smalls's STIX follows Tech so that might be closer to NASDAQ. One way to track it is to track the RUT or however you follow the US2000 Midcaps.

I'm bearish overall next few weeks. I could be so wrong and the Biden blah blah more government spending doesn't help. Without getting too involved with a chart on the Dollar, which is building a base, the spending and printing makes the buying the stonks seem plausible. But Hedge Funds still run this joint. People are being given opportunity to both win and loose it all. And it's all in the timing.

Just gonna play this fundamentally and fundamentally we are at considerable highs and fundamentally you buy low and sell sell sell high. There are some memes getting stonky round here, AMC GME but then there's some decent looking one's that have yet to really fly like BB and CLNE. Who knows. I'm watching the big umbrella in these charts, the month and the 4h.

Send it.