As it turns out, the Smart Money strategy is now on a "buy" signal for the S&P 500.
The signal is to sell bonds (TLT) and get into the S&P 500 (SPY).
I've been publishing these Smart Money signals since 2006.
It's downright spooky how betting against the majority makes money most of the time.
I recently heard that some of the crypoexchanges were betting against their clients and making money.
Are you a bit surprised?
It's pretty universal that you can go into a business category, see what the majority are doing, and do the opposite.
The vast vast vast majority of would-be traders watch the news, stay glued to every move the Fed makes, wait on baited breath for every economic data-point, and so on.
They don't realize that a merger of man and machine has developed trading strategies that easily beat traditional methods.
That's why I'm trying to get my new book, Outfoxing Wall Street, to #1 in the entire Investing category on Amazon.
If you've found these updates useful over the years, then do me a favor and grab a print copy now.
I'm even bribing you with access to my grand new Meta Ai Masterclass ($997 value).
The course is chalk full of unconventional wisdom:
- Cycle Reversals: The Meta AI training suggests that you should NOT be chasing top-performing strategies
- Emphasis on Defensive Trading while most are too aggressive. Our testing has shown annual gains in excess of 500%. So for us, it all about dialing back gains to lower risk.
- Trading Multiple Instruments instead of focusing on one market
- Ignoring Fundamental Information...it's pointless
- Embracing Unforeseen Risks. Black swans are more common that you think. Here's how to solve that problem once and for all.
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