Panic Buying Ensues

JC Parets
July 22, 2022

You see what happens when the US Dollar isn't ripping higher every day?

I wasn't making this up.

It's all about the Dollar my friends.

And Dollar Futures aren't even off by that much, just down a couple of points over the past week.

But still, the Dow is up almost 2000 points, Ethereum is up 60% and Active Managers just posted their second highest weekly increase in exposure in the history of the NAAIM survey:

This is what we call a "buying panic".

The median exposure among active managers is up to 45% from just 1.25%. The only week with a bigger increase was in October of 2013 when the median exposure rose from 50% to 100%.

Do you remember what happened after that?

For you youngsters, stocks went on to have an epic rally.

Will this time be different?

Let us know what you think.

We love the feedback!

Here’s How To Get Caught Up

Our ASC Research Q3 2022 Playbook is up. Premium Members can download that here.

Here’s what we discussed:

  • Stocks (International & U.S.)
  • U.S. Sectors & Industries
  • Market Breadth & Sentiment
  • Commodities
  • Currencies
  • Intermarket Analysis
  • Cryptocurrencies
  • New Trade Ideas
  • Overall Strategy

You can download the PDF in full here.

This Playbook is more designed to get structural perspective on markets, while our Mid-Month Conference Call this week focuses on the more tactical opportunities.

Shoot me a note with any questions.

JC

 

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