It has been over 2 months since I turned bearish and you would think that I was on the wrong side of more than a 15% move. With all the bullishness out there let’s take a look at what the scorecard is of the stocks that got us here…
—NEWSFLASH— They are down 1.5% since I turned bearish on 12.08.17
Small Caps – Small Caps Soar!
—NEWSFLASH— The IWM is down 3% since I turned bearish on 12.08.17
Gold – Is the Gold Rally Over?
—NEWSFLASH— No it is not, it is up another 5% since then and almost 10% this year.
My point is, the Media is Bullshit still sucking you into this pinned market at the highs…don’t fall for it.