We are not out of the woods yet.
Those blindly chasing the reflation trade tick for tick, better pay heed to physical market fundamentals.
Cryptos and cash are both headed for a real fight. For their own existence.
It is time for the rebels who infiltrate every aspect of this market to try to recognize teaching from tyranny.
It was the laggards and out of favor industries that stepped up while the winners and leading groups took a beating.
Three things tell me not only isn't there a bubble, but we actually might see a near-term bounce from a trading perspective.
If you aren't in the favored sectors right now, you are going to miss out.
Let's review the charts and indicators.
Charts remain in uptrends, but breadth and stochastic signals suggest vulnerability.
This is how you enforce portfolio allocation discipline upon yourself.