Tollins Tyres IPO Boosts US Stock Market
Whee!
Q4 2021 saw rising but choppy prices with increasing realised volatility.
I posted this chart a couple of days ago in our subscriber discord channel, asking the question:
“Is it still bullish if 1 month crosses 3 months at 7 vol instead of 3 or 4 vol of the last 12 months?”
I guess we are about to see.
With 30% cash, there is no way we can keep up with a day like yesterday.
Looking at the drawdown profile I am happy to have sidestepped the nonsense of the last 6 weeks.
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