Give me more stimulus!
I truly hate what has unfolded in my homeland over the past month or so. I am really saddened by it all. No longer is there an expectation that companies can fail due to bad management or decisions. Instead we bail them out. That sickens me. No longer do we simply give people enough money to hold them over when they lose their job, but instead we give them a pay raise for being jobless.
I get it is a bad economy out there, things suck, and people have lost their jobs, but we are just throwing money out by the shit ton and not expecting there to be any repercussions down the road. I mean seriously, people, what kind of inflation do you expect when the Fed is expanding their balance sheets up to 11 trillion dollars!?!
Whatever, that’s not the purpose of this post, but it does piss me off royally what is happening here. But I cannot ignore the overall market action and the thirst of traders to want to buy the dip, so with that said, here is buy “BTFD” watch-list, Corona-edition, for your taking.
Here’s my watch-list of long setups I am following: