Tuesday, June 7, 2016

Greed Is Blindness

Greed is like crack cocaine. It makes people engage in risky behaviours like going ALL IN on stocks, amid collapsing payrolls. All under the guise of "smart Beta". And then blame it on a "Black Swan" event when it all collapses with extreme dislocation...

MW: June 7, 2016
Don't Wait For S&P Breakout: Crowd Into Momentum
“For investors playing for a market breakout, like we are, we recommend buying stocks that have already cleared resistance, like MTUM,” Wald said in a note dated Saturday.

1. Exposure to large- and mid-cap U.S. stocks exhibiting relatively higher price momentum. Top holdings: Amazon, Facebook, JnJ, AT&T, Home Depot

Buy Momentum and don't worry about getting out. You won't...

The Bollinger Band Squeeze occurs when volatility falls to low levels and the Bollinger Bands narrow. According to John Bollinger, periods of low volatility are often followed by periods of high volatility. Therefore, a volatility contraction or narrowing of the bands can foreshadow a significant advance or decline