Tape of the market right now!

Not blazing, but still money to be made!

•ROC earnings on the SP500 in Q2 was very positive, cost structure of companies much better then before the pandemic!

•The Market is not blazing, China ADRs are very weak would need to show a totally different price action to state this, but…

•My value momentum small caps system put in a new high this week, that is bullish

•My momentum energy small caps system got a good bid this week

•The whole positioning of traders is extremely bearish, everybody has a foot out of the market = bullish

•Yes, we are slowing on the GDP and Inflation front but only moderate. That keeps the fed aligned, so moderate bad news = good news

•My Positioning right now: Quality Small Cap Stocks 60% + 40% TLT (TLT hedge only gets killed in blazing markets, that’s just not the case). One could probably more aggressive here, but since the leading ECRI indicator is slowing, I keep it on the conservative side.

Positions:

BVH DLA HSON ICL III MG QRHC SIM TLT

Will post a video on monday and keep you posted!