Well, maybe that is not such a great idea market-wise, I mean unless you are Soros material with a crazy dose a luck it’s better not to stand against the FED, because right now the most influential central bank is the power that rules Wall Street, which doesn’t mean there are no other powers influencing the FED path, because there are, but that is another story.
For now, traders should focus on one “golden” market rule, the trend is your friend, and so far the trend hasn’t been downwards but prominently bullish, even if earnings are not going along with record valuations. The key point is to be alert so one can identify when the trend stops, not an easy task, but the most important at this stage of the Bull market.
Photo by Stephan Henning.
