The Joe DiMaggio Stock Market… | Trends… Find them, ride them …
It’s time to put this boon in some more context. I really like the way Charlie has framed it:
For you volatility home gamers, the $VIX might be breaking 7 year lows, but it’s most important to me to get a picture of what has come next and Charlie graphs it for us:
As you can see clearly, volatility is mean reverting ( a mjority of red boxes follow), especially from these extreme levels.
Does that mean this bull market is ready for a breather?
Mathematically yes, but I would argue mood trumps math.
My #Lindzanity Rule #1 is – Timing the end of extreme optimism is harder than timing the end of extreme pessimism.
I leave you with this chart of Union Pacific – a Canadian Railroad that ships Amazon Prime and hockey pucks to Eskimos in The Yukon. The air is getting thin for some of the trees so be careful as the rate of ascent is not sustainable.
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The Joe DiMaggio Stock Market… | Trends… Find them, ride them …
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