This year is close to half way over and the S&P 500 is up a very solid 10% YTD.
Yet, AAII has seen more bears than bulls so far this year. Bull markets are supposed to be fun and this one hasn't reached that stage yet.
The back half of June has been weak for stocks. However, the first half of July has historically been the strongest half-month block. @NDR_Research via @soberlook
https://t.co/53nSheo6Yz
Early July has evolved to be among the most bullish periods of the year.. #America250
The S&P 500 recently had a 9-week win streak, then it fell. It happens.
What is important to remember is 4 weeks after a 9-week win streak saw stocks higher 9 out of 10 times.
Another clue that any weakness in June would be an opportunity.
You're a 0DTE trader and you want to know
▪ Can you reasonably estimate
▪ TODAY's volatility and returns
▪ Based on the prior VIX close?
In fact, you can.
Print this out and staple it to the family cow so you see it each morning before buying and/or selling that stupid straddle.
The middle class is shrinking they keep saying.
True, but it is because they are going to the upper middle class. That part conveniently gets left out.
Also, poor and lower middle class are much lower than 45 years ago.
Nice one from @awealthofcs on things getting better.