That PFF vs LQD outperformance really was getting on my nerves 🙂. Thanks god one of the traders talked to me about it and pointed out a potential reason. In life and in trading as well, the answers are always in front of our eyes.
It isn't that the market doesn't CARE, it's that the market doesn't BELEIVE it! And why should they. This market is a purely technical market. Every pull back sets up for the next rally. This will continue until it doesn't.
That is certainly the case at the moment. Unfortunately it is very difficult to pinpoint the exact turning point. That is why the best we can all do is manage risk accordingly!
Great reviews! Thanks for the update on $PFF, a good reminder that it’s worth digging deeper! And thanks for the shout-out!
That PFF vs LQD outperformance really was getting on my nerves 🙂. Thanks god one of the traders talked to me about it and pointed out a potential reason. In life and in trading as well, the answers are always in front of our eyes.
It isn't that the market doesn't CARE, it's that the market doesn't BELEIVE it! And why should they. This market is a purely technical market. Every pull back sets up for the next rally. This will continue until it doesn't.
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That is certainly the case at the moment. Unfortunately it is very difficult to pinpoint the exact turning point. That is why the best we can all do is manage risk accordingly!
Wishing you a wonderful week!