Everyone gets it.
Simultaneously, miraculously and lacking any grace whatsoever, the investment community has embraced the bullish thesis in all its forms.
Recession? Never was going to happen.
Inverted yield curve? For the birds.
U.S. and China? Bromance for life.
All of these realizations have come to pass because of one thing and one thing only: PRICE.
The market has gone up to new highs, narratives are being built around that price movement, reflexivity is creating reality.
And this is exactly what a majority do not truly understand. There are perhaps 26 people on Earth that get this.
The markets will keep building a narrative around price movement, further reinforcing new fundamental positives that 6-12 months down the road are headline news.
This reflexive relationship will only stop when one of two things happen:
- Data points that are overwhelmingly negative appear seemingly out of the blue, creating gaps that interrupt the reflexive cycle.
- The consensus bullish sentiment becomes so substantial that it tips the markets into a negative price cycle, creating a reflexive cycle on the downside that creates a whole new set of negative narratives that further create a new set of negative fundamental realities.
Neither of these two events are imminent or worthy of further discussion. They should simply be compartmentalized in your mental Rolodex for sake of future reference.
While there will be bumps in the road as outlined most recently just a few days ago, we are now at a point in time in this bull market where all things that could be right for equities are simultaneously working together to reinforce the uptrend within the next leg of a secular bull market that will very simply create spinning heads on Wall Street that the kid from The Exorcist would be jealous of.
Zenolytics now offers Turning Points and ETF Pro premium service Click here for details.
Disclaimer
This website is for informational purposes only and does not constitute a complete description of our investment advisory services. No information contained on this website constitutes investment advice.
This website should not be considered a solicitation, offer or recommendation for the purchase or sale of any securities or other financial products and services discussed herein. Viewers of this website will not be considered clients of T11 Capital Management LLC just by virtue of access to this website.
T11 Capital Management LLC only conducts business in jurisdictions where licensed, registered, or where an applicable registration exemption or exclusion exists. Information contained herein is not intended for persons in any jurisdiction where such distribution or use would be contrary to the laws or regulations of that jurisdiction, or which would subject T11 Capital Management LLC to any unintended registration requirements. Visitors to this site should not construe any discussion or information contained herein as personalized advice from T11 Capital Management LLC. Visitors should discuss the personal applicability of the specific products, services, strategies, or issues posted herein with a professional advisor of his or her choosing.
Information throughout this site, whether stock quotes, charts, articles, or any other statement or statements regarding capital markets or other financial information, is obtained from sources which we, and our suppliers believe reliable, but we do not warrant or guarantee the timeliness or accuracy of this information. Neither our information providers nor we shall be liable for any errors or inaccuracies, regardless of cause, or the lack of timeliness of, or for any delay or interruption in, the transmission thereof to the user. With respect to information regarding financial performance, nothing on this website should be interpreted as a statement or implication that past results are an indication of future performance.
