Healthcare continues to lead to the upside. While we already have a bullish bet on a sector ETF, it's time for us to drill in a little deeper in search of more beta if this trend is going to continue.
In last week’s letter, we argued that a once-crowded bullish sentiment had cooled down in a bull market reset. We also put forward the case that crypto markets were at an inflection point between capitulation or reacceleration. Over the last...
As we exit the best three-month period for the stock market, we're looking to our risk appetite indicators to help us determine the next directional move.
As many of our longs continue to work in this current leg higher in the stock market, I like putting on bearish bets as portfolio hedges to cushion the blow if/when the turn comes.
And the best way I know how to do it is to position bearishly...
