Below is a brief excerpt transcribed from Thursday's edition of The Macro Show hosted by CEO Keith McCullough and Director of Research Daryl Jones.
This is what we call the Chop Bucket.
When the VIX is between 20 and 21 at the low end of the range, you feed the ducks on your longs. And when the VIX is at 25-27, the top end of the range, you buy some!
Last week you had plenty of opportunity to buy some when the VIX did that. Did you do it?
Yesterday saw all-time highs in the NASDAQ, Russell, and the S&P 500. For those of you who aren’t students of history – “all-time” is a long f’ing time.
That’s a great thing to wake up to this morning.
Lots of gains there, now you can prune your gains in whatever you own that’s overbought, and then plant them into Bitcoin (when it’s at the low end of the range).
