Navigating markets this week.
Vanguard doesn’t expect a rate cut in 2024. We expect 1.
S&P 500: % of stocks above the 200ma is showing overbought conditions
If you are going to allocate to tech, focus on AMD NOW
Gold, Brent Crude and Commodities are all trending higher.
Spreads are extremely tight
USD is stable
Bitcoin continues to lead and has the highest sharpe ratio. We’ve been pounding the table for years.
Want to connect? Email us at gmgmacroresearch@gmail.com
% of stocks above the 50d is a flashing overbought signal.
AMD tomorrow and a stop loss at $170 is a no brainer.
Brent is strong
Bitcoin is the best. Been on it since 2013
Gold Volatility is expanding. Gold going to new highs.
Credit spreads are extremely tight.
Commodities trending higher
Relative rotation graph of sectors
First edition base set: Buy and hold for 10 years.
2014 Holo Fnatic Counter Strike Stickers are going much higher.
Return always wants its risk payment.
NOT INVESTMENT ADVICE. Only for entertainment.