Has got this right in this ultimate game of chicken for your money . Which do you believe, which markets, guy . Maybe everybody has it right. I thought the market would fall 20, 25 and here we are 50 handles later and what scares me about the market is a couple of different things. Vix down 6 with a 13 handle. Over the last two years or so, thats been the bottom, give or take in the vix. Transports seemingly rolling over over the last week or so so i wont make a big deal out of it yet, but they let us out back on january 20 to the upside, right, and the bond market is so stubbornly big, right, that the tenyear yield is still below right around 1. 8 and all those things concern me. With that said, theres seemingly no stopping the s p right now and some of the stocks we talked about with momentum, home depot, cocacola, timmys mcdonalds continues to perform. Im long coke and long mcdonalds. Im long names like this that i think are safe investments and you have to think about where we are.
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