Boring Is Beautiful
Slow markets are up markets. Volatile markets are down markets. Of course things can change on a dime and we hope to catch that but for now boring is beautiful.
Look at the market since the last Fed day Feb 1. Look how boring Fed day was. Fed day is typically the most volatile day. If Fed day is boring, then most days are boring. But remember, boring is beautiful.
Here's Fed day and beyond. Bo-oring.
Chart By Interactive Brokers
Did you ever see such a boring Fed day. Boring is beautiful. Boring is bullish.
Hope we bored you.
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ETFs reported by Elazar Advisors, LLC are guided by our daily, weekly and monthly methodologies. We have a daily overlay which changes more frequently which is reported to our premium members and could differ from the above report. Portions of this article may have been issued in advance to premium members. All investments have many risks and can lose principal in the short and long term. This article is for information purposes only. By reading this you agree, understand and accept that you take upon yourself all responsibility for all of your investment decisions and to do your own work and hold Elazar Advisors, LLC and their related parties harmless. Any trading strategy can lose money and any investor should understand the risks.
Disclosure: I am/we are long SPY.