The stock rally of the last 8 years has slowed somewhat. Perhaps I was thinking of that slowing momentum when I jumped out of that profitable Facebook (FB) trade too soon. Like an idiot. But hey … we still have days such as these. Day’s in which the Q’s, Spoos and RUT party like it’s 2013. So I’m long. You name it, I have a position somewhere that covers the bullish side of the things. And yes, I am still bullish on LOW. And I’m thinking MDT is starting to look like a buy as well. And I’m still long SYNT.
But hey … it’s me. It’s Dan. So I think about how I might be wrong. Which means I am thinking about risk. So if you are to ask me overall whether I am bearish or bullish? My answer is usually: Yes. So I am still short BLDR. I still hold money down on the line, that Gold will not fall too hard. Which, in a way, is a bullish bet on fear. And I continue to hold a bit of cash.
So I’m bullish.