In trader’s world, when we face all bad news plus existing momentum together favors further fire-sale of the security, and yet it holds, then the opposite side worths a try.
The same can apply on the “Biden mystery” (ok, lets call it a mystery to be politically correct though make no sense).
Under such fierce competition on the “throne” at the Oval office, each side will take every effort to grill and even crucify the others. So, simply put, if Biden side has even a slight odd for denying NYP’s accusation, and even can fight back with evidence of proving innocent, they would have made clarify immediately and list timeline and facts. Then Trump’s campaign would be finished at once.
Yet, we see none. We don’t even see any other Democrats coming out to clarify for him firmly and clearly, not even his former boss, former president Obama.
So, from trader’s point of view, the opposite side has sufficient odds to bet on, i.e., it is quite possible that the “Biden mystery” has some grounds, at least worthy of further investigations and testimony.
But, strangely, we see no action and yet no denial from FBI.
What smells fishy now is mainstream media, social platform, bureaucrats, academics, and a whole bunch of so-called educated class, all support Biden without doubts, without questions, with medieval-similar-passion.
What had happened? Just simple hatred (which is even more disturbing)? Or any other hidden stuffs (which is really eye-opening)?
Now, another trader sense comes: when the odds favors the key reversal of a down-trend, and yet short-sellers keep shorting, then what if money flow-in are sufficient enough to withstand the pressure and keep buying all the shorts?
Boom-ya, rocket up.
