MBCC TH 8th June'23 - "Why the violent switch yesterday, it's all about extreme positioning, positioning matters more than fundys sometimes!"

Sometimes the market is NOT about fundamentals, it is about EXTREME POSITIONING…that is what happened yesterday as we have been pointing out since last week.

Remember bear markets take no prisoners, both bulls and bears, how to trade it? Well we tell you what are the real trades and what are the dislocations…Eventually “gaps” close!

Don’t fool yourself otherwise as if you’re making money on something which is not back by real numbers, consider yourself lucky. Key is to say thank you and walk away humbly…