Amigo #2 made a big pop today and as such continues to rise with #s 1 (Stocks vs. Gold) and 3 (the 10-2 yield curve). Amigo #2 is actually a 2-headed Amigo. He’s the 10yr & 30yr yield Amigo. His 10yr head is bullish… …and targets 2.9% (EMA 140), which will be its limiter or gateway to a Crack Up Boom. Problem here is that … Continue reading Amigo #2 In Gear, Joining Amigos 1 & 3?
As an example of how I am going about this bubble, my main risk management tool is to make sure I am routinely taking profits in the ones that boom and replanting in the ones that are in setups. For instance, I highlighted Boston Scientific (BSX) for NFTRH+ due to its decline to a weekly moving average that had supported it for the last few … Continue reading Plan in Action, BSX Edition