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Shakedaddy4x t1_itzvqgz wrote

More reason for the Fed to keep on raisin' rates. Don't fight the Fed. Puts are the only way.

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saysjuan t1_itzxwz5 wrote

The Fed won't pivot until they break something other than the stock & housing market. Better than expected GDP results confirms they are still within the "safe landing" zone and will continue to raise rates till March. Expect the first pause in Q2 2023, but that means double digit P/E results for big tech companies is still considered too high. Regardless of what AAPL and AMZN report today we should see the retest the previous lows.

TL:DR; This (PUTS) is the way

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