And if you haven’t registered for Monday’s Live Mid-Month Conference Call, you can find those details here.
JC
Expert technical analysis of financial markets by JC Parets
by JC
Very high cash levels are a good thing.
Investors being scared to death is historically a net positive for stocks, not a negative.
According to BofA’s Fund Manager Survey, we’re near multi-decade highs for cash levels.
Take a look at those dates:
If you were a buyer at those extremes, you were rewarded handsomely.
If you sold into the hole each of those times, you probably didn’t do too well….
Heavy cash positions are fuel for a bull market.
That’s the money that ends up chasing into the end of cycles. They’re parked in cash near the beginning of cycles.
That’s just the circle of life.
It’s a beautiful thing.
Don’t hate. Embrace it.
Premium Members check out the stocks were buying here.
And if you haven’t registered for Monday’s Live Mid-Month Conference Call, you can find those details here.
JC