S&P Rally Continues, How High Will We Get?

The SPX rally that started on a softer landing scenario has been fuelled even more by investor confidence.

It's always wise to remember that equities generally will not fall unless there is reason. That would come in the form of real economic headwinds, or at least the speech about their potential.

To stop being wasted;

1) Trade tiny sizes.

2) Only short once you can see a real sentiment shift/long term reversal (think about Yens).

3) Space any entries out far and wide.

4) Leave it out your portfolio.

5) Balance your portfolio by hedging with other assets (equities up, Antipodeans long, USD short).

Easy yet effective.