bear trap. Stocking up on PUTS
There is literally nothing that indicates bounce back is possible.
Ukraine and Russia is still at war. Wheat and Oil, an important staple in almost every country, is still in short supply.
China and Taiwan relations at an all time low, another war could break out soon.
Jobless rates have increased and inflation CPI index is at all time high.
House mortgages default rate have increased from 1.7% to 2.5%. Do you remember 2008?
COVID-19 is still raging with many cities tightening COVID regulations. China has even locked down a few cities.
WHO just declared MonkeyPox a global emergency.
and you still think the this is a "bounce"?
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劫财死远点劫色就来吧 : Hard to say, still remember GDP index? They said they predict Fed going to stop raising interest soon as technically recession and pushed the stock up but then few weeks later, they said they might be wrong & pull it back. Funny?
Manupulating with a lot of reasons tot nobody know their motive.