Jan 27, 2021
Caution is the byword. Bonds are coming back to life and utilities are bouncing back. Defensive money is heading into safety. The markets need to take a break. Big volatility coming to the markets. The VIX can be deadly. Chris no longer trade it. Watch out for the Boyz. Investors have gotten slammed as a result. Will it spike that big this time? Not enough fear in the markets. When everything is more expensive than ever before, then selling could be very advantageous. You don’t have to hold stocks. If you step aside and wait for the next upturn, you’ll profit handsomely. Following investing rules is the most important thing you can do. If S&P drops below it’s 50 moving day average, it’s time to unload. Precious metals are going nowhere. They’re at the bottom of Chris’s list. Mining stocks have lost their momentum. Long term is still bullish. Short term, they’re dead money. Buy signal in tech. Some of the tech industries are in the midst of large moves. Even the solar sector gave a new buy signal today. Interests are likely to drift for the present.