Well, good thing we ended up taking some off the table into yesterday's rally. I'm seeing medium term an opportunity to just wait out a bit and let stock/bond ratio dynamics play out.
Next logical target on 30-year yields are higher, but expecting chop in medium term.
20-day moving average distance similar on stock-bond ratio
Straight up bull market in enery, VLO looks like an opportunity at every footing
Oil really only has one chance of going lower, and it is right here.
My CRWD had a hell of a run, been rebalancing down along the way up but it is now having leadership relative to the market. I'm staying long and holding on for dear life. Quite volatile at this point so size accordingly.
Visa could be a nice hedge short on pops. This is one of my stronger ideas on the short side as the recent pop was quite shallow and the fintech complex has not quite dried out like I was hoping it would have. I am not so hot on this one up here.
XBI, unfortunately still looks like a short to me.
That is about it on my end. I do not have strong opinions here as we made some good calls and capitalized the recent swing up rally. For now its about seeing how the pieces of the puzzle are coming together without losing too much capital along the way.
My stronger ideas is buying bonds in short-term and letting equity risk ride based on how Bitcoin is doing. It just seems like Bitcoin "stopped going down".