Wish I hadn't been reading this forum last week when there was top calling, or I guess like every week there is top calling lol... but I let it get to me that time and missed out on a bunch of money yet again. I'm just going to do what I said I was and wait for the Fed to say they are going to ease before I consider being bearish except if a specific company is really asking for it.
Wise conclusion. Don't fight the FED. No one here is smarter than the FED.
And trend is your friend still works.
You think the Fed is doing more easing? Just look at the prices of T-bonds the Fed is not actively buying. More likely the Fed is going to say when to stop easing at the next meeting................
Political pressure will not allow FED to stop easing. Not until covid-19 is under control.
I am seriously scared of buying any long term bonds. Too much inflation risk long term. So I am not paying attention.
Stocks are the only game in town right now.
The fact is stimulus spending can not stop under Biden administration any time soon.
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule