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The W.
@thewolfofallstreetz
3Wk·

S&P 500: It's time to buckle up in August. Or will it be different this time?

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9 Comments
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Epi@Epi
3Wk
I liquidated my $CL2 in the 2XSPYTIPS portfolio at the beginning of the week. It's against the rules, but market technology, sentiment, macro environment and seasonality are all at the upper limit and pointing south.
I'll be back at the end of October, beginning of November. Let's see if the timing pays off. In any case, I can then take a quieter vacation and enjoy the summer. 👍 🌞
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The W.@thewolfofallstreetz
3Wk
@Epi Are you completely on the sidelines? Or do you only rotate asset classes temporarily?
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Epi@Epi
3Wk
@thewolfofallstreetz No, not completely sidelined. I now have a total of 1/3 cash. Gold continues to run completely. The tactical models in part.
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Steve91@Steve91
3Wk
...after all, there is still a gap to close at 5700 points 😁
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Lord P.@lordprettylambo
3Wk
August is definitely off to a good start ;- )
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Sansebastian@Sansebastian
3Wk
Don't think it will be any different this time. August is a seasonally weak month and the S&P could definitely use a breather
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The W.@thewolfofallstreetz
3Wk
@Sansebastian Allerdings!
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Tenbagger2024@Tenbagger2024
3Wk
Even September could still be exciting.
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Martin P.@Marpo
3Wk
Cash is already in the starting blocks......
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