Q1 is in the books. Unless you were buying solar and clean energy (and even those have turned in the past couple of weeks), it’s been almost impossible to lose money so far this year.
Note: IBIT 0.00%↑ is up 17ish% since launch, but wasn’t pulled into this chart due to the launch date.
Marijuana has been strong -
I’m not buying it. Let it cross the September highs and then I might be more interested.
My posts have been limited this week, and intentionally so. I posted this almost 10 days ago …
And the markets been relentless since. Internals are strong. The setups in so many charts look incredibly constructive. But I’ve been at this long enough to not be complacent. I’m largely managing existing positions as previously mentioned, and selectively looking for low risk setups. Everyone is saying the same thing - “We’re due for a pullback”. Sure. Which means the pain trade is higher.