There's "Way Above-Average Speculation", Retiring Boss Of Massive US Fund Warns Retail Investors To "Step Away From Risk"
https://www.zerohedge.com/markets/there ... -investors
From a technical standpoint, the NASDAQ may be sounding the alarm for a bigger move lower for the stock market as the 50-day MA is about to cross below the 200-day MA, and we all know what that means. That's right, a "Death Cross"!
The death cross appears on a chart when a stock's short-term moving average crosses below its long-term moving average.
We are told with sentiment leaning too far in one direction that we should be contrarian, take the other side of the trade. Sure, that works when the conditions are favorable and the Fed is accommodative with policy, or at least just less hawkish.
It's quite OK to be less aggressive, hold elevated levels of cash, buy put protection and have a short leash on trade ideas.
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