MONEYFLOW: Long $RSP
Despite the fact that I could, like many, sit and milk the unbelievable streak of calls, which I should because people do that a lot, we are on to the next.
This is about scale and consistency.
The superpower that I highlight.
As indicated last week, a permutation of the market is to see the rest of the constituents show strength (in my opinion, temporary, lasting a few quarters).
One can speculate that the time is now.
This allows the weighted index to stay neutral as the hot money parks inside all the beaten-up stocks until the pivot of turning the books in Q4.
We are very much in a centralized trend, and when the next market pivot comes, that’s where the leadership will emerge. Until then, follow the flow.
Best,