$SPY: Market bottomed a day ago...
Updated
The long term trend is up until 2021, the intermediate term trend in the 2 month timeframe is about to confirm a new bull market like the one that came after Trump's election in 2016...Interestingly the top of this trend will be at the same time the yearly trend ends. The move that came out of the 1998-2011 consolidation will technically last until 2021. There's a huge amount of trends in different markets with the same time duration, all ending by 2021. Not sure what to make of it, but I'm sure we will see a big move in stocks and 
BTCUSD, between now and then. I'd err on the bullish side.
The return of stocks vs bonds makes stocks too attractive in the long term, with yields dropping to negative everywhere, there's no other place for money to go, once US treasury bonds yield 0% after inflation as well. For now, yield differential made UST attractive for foreigners, but that might change if rates drop further. Maybe we go back to QE?
For now, the logical thing to do seems to be buying quality names, low debt, high earnings yield stocks, and own some BTC.
Best of luck,
Ivan Labrie.
BTCUSD, between now and then. I'd err on the bullish side.The return of stocks vs bonds makes stocks too attractive in the long term, with yields dropping to negative everywhere, there's no other place for money to go, once US treasury bonds yield 0% after inflation as well. For now, yield differential made UST attractive for foreigners, but that might change if rates drop further. Maybe we go back to QE?
For now, the logical thing to do seems to be buying quality names, low debt, high earnings yield stocks, and own some BTC.
Best of luck,
Ivan Labrie.
Note
Note
Note
I'm holding 100% exposure to US stocks currently, I think the gold trend might have topped. Only keeping exposure to #BTC and #ES in my portfolios currently. I'll look into individual stocks to buy during the weekend. #VNM is an interesting one to keep an eye on, given Vietnam's fundamentals and the chart showing a huge reward to risk ratio in the quarterly timeframe.
Solar seems to be a good investment as well, both panels and a position in #FSLR probably (it came back over support after consolidating for a while after the last big rally).
Bond alternative stocks are most likely the safest places to look for positive yields.
Note
This level might make the market stagnate for a while here, but if it breaks up it could shoot up sharply, as long as liquidity is there -if 
VIX falls further than this already 50% retrace of the last big spike-
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