/biz/ - Business & Finance

>big cap tech all showing positive divergence on a number of indicators
>dollar up 3% for the week, 4 sigma move and likelihood of a similar move is statistically impossible
>blow off top in yields
>VIX couldn't stay above 30 despite the "apocalypse"
>hammer off trend support on major indices
>bear sentiment at extreme levels and historically always coincides with a 5-8% retrace

anybody who is net short as of the close today is unequivocally a retard and has no idea what risk management is. This has been a sharp 13% move down. If you think we will magically drop another 13% in the next week you better hold on tight to those garbage OTM puts you bought cause they're still going to zero