READ FULL HERE: http://www.businessoffinance.com/sni.../31/told-ya-so
Exactly 6 days ago, we publicly said that we were short term bullish risk assets and were sitting on the fence for the medium term. We'd previously been bearish the week before but flipped sides on a turn of a dime. We also stated that we were in the precipice of going bullish for the medium term, and our biases were going to be shaped by the week's price action.
Trade With Us, Let's Win Together
Fast forwarding to this past Friday's close, it seems that we were right on our call. Unfortunately for us, we were shaken out of our long risk positions before the actual rally in prices occurred, so we missed a good part of the ramp. But that's for another story.
Readers will know that this isn't the first time we've been right on our market calls. On 25 October 2015, we called the bottom in the U.S. stock market (not to the point but you get what we mean). You're encouraged to read that snippet on how and why we made that particular call if you haven't already done so.
READ FULL HERE: http://www.businessoffinance.com/sni.../31/told-ya-so
Exactly 6 days ago, we publicly said that we were short term bullish risk assets and were sitting on the fence for the medium term. We'd previously been bearish the week before but flipped sides on a turn of a dime. We also stated that we were in the precipice of going bullish for the medium term, and our biases were going to be shaped by the week's price action.
Trade With Us, Let's Win Together
Fast forwarding to this past Friday's close, it seems that we were right on our call. Unfortunately for us, we were shaken out of our long risk positions before the actual rally in prices occurred, so we missed a good part of the ramp. But that's for another story.
Readers will know that this isn't the first time we've been right on our market calls. On 25 October 2015, we called the bottom in the U.S. stock market (not to the point but you get what we mean). You're encouraged to read that snippet on how and why we made that particular call if you haven't already done so.
READ FULL HERE: http://www.businessoffinance.com/sni.../31/told-ya-so