No. of Recommendations: 15
Does anyone else feel like we just got played? I mean, I'm glad it's back but... bit of a rant.
That market mini-crash and recovery was faster than Covid's. A President saying, "don't think I'll do big tariffs? Hold my beer", tanking the markets but then "yeah we'll delay 90 days" creates the biggest 3 week bounce for anyone who had the cohones to buy at the bottom 4/9 and hold.
It's difficult not to be suspicious of this character. Is it skeptical or cynical to think some very big, politically connected boys just made some very big dollars?
Meanwhile, I'm the crazy one for dumping stocks in mid-February as the mechanical signals rolled over and missed most of the big drop... but following those same signals have missed most of this recovery (several back to bullish as of EOD today). Mungo's "blue above red" version of NH/NL killed it - this time.
And it's impossible to predict what is going to be next. "Feels like" continued big volatility ahead. Close to retirement, keeping much more than usual in cash.
/rant
FC