Who am I to fight against market forces? Small caps are still 9% off their highs and the market is running tired today — looking weak and flaccid and also weak.
I’ve got about 20% cash and I do not care to sell anything more than this — mainly because I have an emotional attachment to the idea that stocks will and can push forward to new record highs.
I’m probably making a mountain out from a mole hill. Nevertheless, I sold AYX (+6.3%), RPD (+5.3%) and JPM (+3.9%) for fast paced gains, both earned and enjoyed over a one week’s holding period. I will now sit back and wait.
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My TVIX is up. F*** your golden cross.
I went from 3x leverage to 50% cash today. Good day but thought it was going to be better.
Bought into late strength. 25% cash. Holding mostly TQQQ UPRO.