Much ado...

Tuesday 16th April - Daily Equity Update

The problem with long runs in momentum is that the comps start to become more and more difficult. The hurdle gets ever higher which is fine while you are higher still. Until you trip.

There are currently only 58 tickers in the SP500 above momentum and trend. There will be a time to buy them.

Should we start measuring the seasonality of seasonality?

There is a cadence to these things. While many have been long and strong the poor vol traders have been feeding on scraps. Do you think they might monetise some of these gains one trading day before expiry?

Let’s wait and watch.