Investing in REITs , BDCs , value stocks, ETFs, energy. Monitoring sentiment and Fed liquidity. Long only, no options, no TA voodoo, no greek letters
Jan 8, 2023 • 6 tweets • 3 min read
1/6 1st Week of 2023 - went opposite to what I expected. Oil had a correction while bonds got bought in size, stocks were mostly flat, caught a bid on Friday: 2/6 Equity sentiment deteriorated some more, and is now on the edge between neutral and pessimistic:
#NAAIM survey down to 38.8 #Rydex ratio up 0.04 to 0.32 #CFTC futures dealers were -3.8% net short
In options #VIX is a neutral 21.13 #MaxPain for SPY sits at 385
