"Pow, To the Moon". Silver is starting its moonshot. Will it stop at $50?
Gross is very smart & has been through many rate cycles. His "sell" is smart.
Lots of potential "black swans" flying around. foolish to not sell some winning stocks here.
Plus going into May. Could see a 10% or more correction. Buy volatility. Cheap!
For the newbies here, think of VXX as a put option on stocks...VXX rallies on market selloffs. So, if you expect a market selloff, buy VXX call options.
Bought some VXX calls Friday.
Works better than 90% of the time, especially when market is close to highs going into May. Will this year be an exception? maybe, but that would be improbable.
Don't sell UVXY yet.
It seems unlikely to most observers that Congress will handover tens of billions of dollars to P.R. ((especially in an election year); more likely they will allow P.R. to pursue some form of bankruptcy where they can negotiate easy repayment terms with bond owners.
Many many troubled issuers who will use P.R. as a precedent to take the hide of muni bond holders imho.
"If the dollar continues to sell off, rates will rise sharply". TLT has a date with $100 this year imho.
I see a rush for yield and a great deal of ignoring of potential risks. This behavior is characteristic of market tops.
Did you hear that "skiidady"? Tech doesn't care!
Goog, Mr. softy, Starbux etc. down 4-5% after misses.
Who does "skiidady" remind you of tech?
Trendy reminds me of "Nasdaq6000" who was always SHOUTING about buying Amazon a couple of yrs ago, until one of Amazon's $100 dives did him in.