What Are Your Moves Tomorrow, May 13, 2021

Stock market took a dump because inflation is bad for dividend/value stocks. It also looked like this was part of some monthly rotation. I expect to continue to see more rotation out of dividend stocks and those most impacted by commodities shortages. I am guessing that SPY drops down to 395-400 range. if this was mostly due to rotation then it’s back to new all time highs with possibly growth stocks taking the lead, unless this inflation may actually be the start of an extended bear market. We haven’t seen shortages like we are seeing in decades. I bought some calls and a shares in some leveraged etfs like TNA and UPRO. Bought TQQQ but not too sure about how well that will recover yet. Need more Adderall.

/r/wallstreetbets Thread