Mid-Week Market Update
The CPI data this week really got the market going, at least in equities.
Crude has been weak in a price area that it should NOT be weak in and a fundamental tailwind that should not see it stagnant near these prices.
That’s a concern. I know people like to do the market calls thing and for as long as they do it I am going to bash it.
I don’t care where the $SPX is in 4 months or 4 years - it makes zero difference to me.
The approach I run is Absolute Return.
Bull market, bear market, I like to make money.
Sometimes that’s on special situations like SAVE 0.00%↑ (talked about inside for members)
But what I do care about is knowing when to add risk or reduce risk and right now I am light long on things with expectancy of a pullback here into end of week.
Many of the AST portfolio swings are ON FIRE. (I didn’t put on TGT 0.00%↑ ) which is up +18% - but that was in the report.
You can get 50% off the first month here.
Members the full post is inside…..
Keep reading with a 7-day free trial
Subscribe to The LongVol Report to keep reading this post and get 7 days of free access to the full post archives.