Midas Letter
06/05/2020
The S&P 500 Index (INDEXSP:.INX) has broken above its 200-day moving average. This would normally indicate a bullish sentiment and price action, right? When digging a little deeper and taking an internal look inside the index, we notice a couple key trends: 1… 97% of stocks within the S&P 500 are […]
06/03/2020
It seems the best investment strategy at the moment is to throw caution to the wind and take a chance. Experienced traders are entering positions they would never normally pull the trigger on. Perhaps even being acutely aware they are purchasing a “bad” stock (meaning not trading on fundamental news […]
06/01/2020
We have entered the micro era of black swans. Where the abnormal has become the new normal. Economic and headline news is no longer the main driver of markets. This is the new world we live in however, the public doesn’t seem to be scared. People are normalizing after their […]
Trading Strategies for “Too Good to be True” Market Conditions