Cash Seeking Equities
The bull market behavior we’ve seen over and over again, played itself out again yesterday with the market rallying after the brief pullback. The bull market in the US remains on and the biggest concerns will be complacency (low VIX) and the length of this bull market. Unless the Fed changes policy, there is still a lot of cash out there and it will continue to find its way into equity prices.
The market is now neutral. The Daily Battle Plan Model Portfolio locked in gains in QQQ on the close yesterday and we’ll wait for the next short-term buying opportunity.
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