TradFi Update: Its Bull Szn!
Welcome to the first TradFi update. Going forwards weekly update would be published every Sunday just before the Crypto Update.
For a lot of you, Bull Market is a loaded word.
Many of them equate BULL Market = Craziness
It doesn't need to be. It just means the conditions are favorable to take long positions in Risk-on assets.
I have been unambiguously calling this Bull market since early Jan.
Been tweeting about it several times and in posts "Bull Season back on the table? too. Most of what was mentioned in the post has played out thus far.
No one can predict how long the conditions last or how far the prices go.
All we can do is position ourselves favorably while they last.
Coming to Models positions
Model has been and continues to be bearish on USD (DXY) & Interest Rates and Bullish on Stocks & Crypto.
March has been a strong bullish month and a lot of stocks have moved up, while the bias is LONG, one should size and position keeping in mind there could be some pullbacks too.
NOTE: The strategy and the invalidation levels mentioned are based on Weekly closing prices. So ideally, subsequent weekly updates would cover the Exits anyways. But for those who like to trade in and out of positions, it would be best (it's not a recommendation, just guidance) to wait for Daily or 3Day time-frame closing prices to consider invalidation.
Use the Weekly Closing Prices to calculate Entry & Exit Prices and Performance.
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