You are a free subscriber to Me and the Money Printer. To upgrade to paid and receive the daily Capital Wave Report - which features our Red-Green market signals, subscribe here. Good evening: Monday comes fast, and the S&P 500 futures point to a 200-point gain. If you’ve been short the last week in a negative momentum environment… this a reminder… Holding shorts over the weekend can turn into a clown show… So, we’re still Red at the moment, but we are likely in squeeze territory. I’ll be reporting over the next few days. What I want to see is BUYING activity. I expect that the sellers… the funds that missed the 4.5% downdraw will wait until we get back to our 20-day EMA on the S&P 500 if they are still bearish. But for right now… with our insider buying ratio at its highest level since April and a spike in insider buying, I’ll be cutting short positions. Japan’s stimulus efforts are bullish… for now. This is all a preview of what comes next year when our Liquidity Cycle tops out… For now… lots of yo-yoing… I’ll be back in the morning with a full report… You can join us at 8 am… Stay positive, Garrett About Me and the Money Printer Me and the Money Printer is a daily publication covering the financial markets through three critical equations. We track liquidity (money in the financial system), momentum (where money is moving in the system), and insider buying (where Smart Money at companies is moving their money). Combining these elements with a deep understanding of central banking and how the global system works has allowed us to navigate financial cycles and boost our probability of success as investors and traders. This insight is based on roughly 17 years of intensive academic work at four universities, extensive collaboration with market experts, and the joy of trial and error in research. You can take a free look at our worldview and thesis right here. Disclaimer Nothing in this email should be considered personalized financial advice. While we may answer your general customer questions, we are not licensed under securities laws to guide your investment situation. Do not consider any communication between you and Florida Republic employees as financial advice. The communication in this letter is for information and educational purposes unless otherwise strictly worded as a recommendation. Model portfolios are tracked to showcase a variety of academic, fundamental, and technical tools, and insight is provided to help readers gain knowledge and experience. Readers should not trade if they cannot handle a loss and should not trade more than they can afford to lose. There are large amounts of risk in the equity markets. Consider consulting with a professional before making decisions with your money. |
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