Let’s talk about the markets.
Fear is creeping into the investors’ minds as indexes continue to rise.
However we observe some odd things.
Each time the bears are trying to set up something it explodes in their faces. Long term bears –being wrong the whole way from March – throw in the towel. Now, is there a better moment for the smart money to start shorting the markets?
It’s month end and money funds are sitting on 3.5 trln cash. Sidelined. Now, if they’re in the markets their clients will not be happy campers as they see indexes go up, day after day.
We hear our buddies in the markets that the smart money wants to get out. So they will wait until month end, close out their positions in order for the dumb funds pick up some stuff en call it the day. They need a break. So is this a squeeze?
As we know, indexes don’t need much to be pushed over… and maybe the start of September will mark this event.
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Fear is creeping into the investors’ minds as indexes continue to rise.
However we observe some odd things.
Each time the bears are trying to set up something it explodes in their faces. Long term bears –being wrong the whole way from March – throw in the towel. Now, is there a better moment for the smart money to start shorting the markets?
It’s month end and money funds are sitting on 3.5 trln cash. Sidelined. Now, if they’re in the markets their clients will not be happy campers as they see indexes go up, day after day.
We hear our buddies in the markets that the smart money wants to get out. So they will wait until month end, close out their positions in order for the dumb funds pick up some stuff en call it the day. They need a break. So is this a squeeze?
As we know, indexes don’t need much to be pushed over… and maybe the start of September will mark this event.
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