While many investors have been focused on arbitrary lagging indicators like the economy, we rather keep our attention on reality.
We're grown adults. We don't need bedtime stories to go to sleep at night. So fairytales about recessions, or inflations, or bidens are just not anything we're interested in.
We get paid to sell things at higher prices than where we buy them.
That bet has paid off handsomely for us and anyone listening.
So as investors we all have a choice. Do we bet that the correlation is all of a sudden going to change tomorrow? Or do we bet that things just remain the same?
Here is the US Dollar Index consolidating in what appears to be a classic continuation pattern, within an ongoing downtrend:
This is the sort of thing that happens in bull markets.
You can see Ethereum and Bitcoin both finding support the past year near former resistance levels from the highs in its prior cycle at the end of 2017:
This is the big question for me right now. Do we get rotation into the sectors that led this market off the lows last June?
We'll be discussing it on our NEW Morning Show today. Make sure to catch us LIVE from 830AM - 10AM ET using this link.
First, here's what I mean.
Check out these 3 Index Funds that have been underperforming this year. Financials and Small-caps flirting with last summers lows, and I threw Industrials in there too as a representation of the more Value areas of the market: