We interrupt this raging bull market to update you on some historic positioning in the bond market that is sure to impact your portfolio, whether you like it or not.

Even if you don't trade bonds, this is really really important.

You see, I know it's easy to sit back and chill out with the S&P500 making new 52-week highs, the Dow Jones Industrial Average and Dow Transportation Average making new 52-week highs and, of course, the Nasdaq100 making new 52-week highs after posting its best first half to a year EVER.

Market breadth continues to expand and sector rotation is frustrating the hell out of anyone trying to short this market.

The thing is, what even changed?

What happened that stocks have absolutely been ripping higher since last year?

Positioning.

It's not the economy that drives stocks. It certainly isn't fundamentals.

It's positioning.

This is the video recording of the July 2023 Mid-month Conference Call.

It's hard for me to have a conversation about the stock market without bringing up what's happening in bonds.

Think about it like this, the market cap of all US Stocks is somewhere around $40 Trillion. For the bond market it's over $120 Trillion.

Volatility in bonds tends to trickle down to other asset classes, especially stocks.

US Stocks really got going in the 4th quarter last year, once the US 10-year Note stopped falling in price.

I don't believe that was a coincidence.

But at this point, Large Speculators have on their most aggressive short position in bonds ever.

So in other words, what is historically the "dumb money", particularly at turning points, are betting more aggressively than ever that bond prices are going to fall and rates will now continue higher:

This is the video recording of our June 5th Monthly Charts Live Strategy Session

This is the video recording of the May 2023 Mid-month Conference Call.

Thanks to everyone who joined us LIVE last night for our Mid-Month Conference Call.

Premium Members can access the video here and download all the slides.

Throughout the call we discussed how we want to continue to profit from this raging bull market in stocks.

The list of participants in this bull keeps getting longer, not shorter. We're seeing more and more stocks going up, more sectors and more countries around the world participating to the upside.

This is the video recording of the April 2023 Mid-month Conference Call.

From the Desk of Ian Culley @IanCulley

Recessionary fears run high.

Everyone is talking about an imminent economic downturn and the next stock market crash.

You hear it on the news and in the streets – talk of the banking crisis, the Fed, inflation, and China pervades the narrative. Even my doctor assured me the world is headed for dark times during a routine appointment earlier this week.

Bearish sentiment is obviously alive and well. 

But, as a chartist, I prefer to visualize these rumblings...

From the Desk of Willie Delwiche

This is the video recording of our March 6th Monthly Charts Live Strategy Session

From the Desk of Willie Delwiche

Wall Street analysts keep raising their estimates.

This, of course, is happening as the prices of these stocks keep on going up.

This is classic behavior for bull markets.

You can see the revisions trend rising as the price of the S&P500 keeps heading higher: