Lets Face It

unusual options trades and unusual options volume

Listen.. you can cry, moan, complain all you want about the stock market and its record highs... but just because you blame the FED  for the relentless upside... doesn't mean you are prohibited from coming along for the ride.

There was one tweet I saw yesterday.. the tweeter, a 'market analyst',  tweeted to his 30k+ followers how the FED is wrong.  They don't know what they are doing.  And their actions are going to lead to a massive stock market crash.

And yet this is coming from someone who is a 'market contrarian'... which usually means a stock market bear.

And listen... when this stock market is ready to roll later... I'll be more than happy to join this contrarian for the ride down.

But being short this market because you don't agree with the Central Banks and/or think they are clueless... well... its been the wrong move the last 10+ years.

The move off the March, Pandemic, lows was probably the biggest example of "Don't Fight the FED" we have ever seen.

..and they though the FED was out of tools heading into 2020, 2019, 2018,2017....

my oh my did they think wrong.  Never fight a bank that makes the banks banks... if you know what I mean.

The difference between the Financials crisis in 2008 and the pandemic in 2020 is that the financial system was NOT crumbling in 2020.  And we went from bailouts in the billions to bailouts in the MULTI TRILLIONS of $$$... with more on the way.

How smart is this market to sniff this out at the lows in March?  Smarter than all of us combined, thats how smart...

And guess what. The stock market is always right... and right has been siding with upside...

I've said in so many articles over the  last 10 years.. even after the lows in March 2020 when all looked lost... that we'd see new all time record highs.  And each time I've been proven right.

Not because I'm smarter than the market.  HEck no...

I've been right because the FED continues to do what they've been doing since the lows in March 2009...

Supporting asset prices.

I even said it a few years ago.. that because of the Central Banks and their response.. that the next recession will see stocks move higher not lower... and that is exactly what happened.

I don't know what the long term future holds.  But the stock market is saying the future holds higher asset prices.

And when the time comes to trade for lower asset prices... you bet I'll be hopping along for the ride with that contrarian twitter analyst'

Known to most as Uranium Pinto Beans, Jason has more than 15 years under his belt of trading stocks, options and currencies. His expertise primarily lies in chart analysis, and he has a strong eye for undervalued stock. Because he’s got the ability to identify great risk/reward trades he usually enjoys taking the path less traveled and reaping the benefits from the adventure.

He is a co-founder of Option Millionaires, and he is best known for his weekly webinars with Scott, as well as his high level training webinars and charts found in the forums.

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