FireWeatherMet
Well-known member
Its been a good move into stocks May 23, C/S/I with about 4% total gain in the past 2 weeks.
However...VIX is now now near 4 month lows (see chart below), lots of overly bullish sentiment setting in also, seen on our Sentiment Survey.
Todays positive trade vibes are just that...reality is only 1 Trade Deal has been done so far, and thats with the UK where we've actually had a Trade SURPLUS (lol). Savvy world leaders know Trump is "TACO" and they will be playing him for all its worth.
Also, Russia might be preparing to do something really bad and evil in Ukraine, after 1/3 of their nuclear bomber fleet was so beautifully destroyed by Ukraines SBU.
So will be using the current overly bullish sentiment to lock in 1.5%-2%+ monthly gains (depending on how today closes) and wait for a better buy in opportunity later this month.
However...VIX is now now near 4 month lows (see chart below), lots of overly bullish sentiment setting in also, seen on our Sentiment Survey.
Todays positive trade vibes are just that...reality is only 1 Trade Deal has been done so far, and thats with the UK where we've actually had a Trade SURPLUS (lol). Savvy world leaders know Trump is "TACO" and they will be playing him for all its worth.
Also, Russia might be preparing to do something really bad and evil in Ukraine, after 1/3 of their nuclear bomber fleet was so beautifully destroyed by Ukraines SBU.
So will be using the current overly bullish sentiment to lock in 1.5%-2%+ monthly gains (depending on how today closes) and wait for a better buy in opportunity later this month.
