I like your plan. We are definitely living in interesting times.
Dems now control everything. Blue everywhere. I am thinking more stimulus is coming, more $2000 checks, followed by a market blow-off top,...and then sometime before summer, the white knuckle ride begins.
For the coming weeks, I will be watching for the dollar to continue to go down, gold and silver (and bitcoin) to continue to go up, and the VIX to remain low. When these trends reverse, it will be time to brace.
Stocks Grind Higher As Focus Turns From Capitol Chaos To Coming Stimulus BY TYLER DURDEN THURSDAY, JAN 07, 2021 - 8:00 Bonds erased early losses and stocks give back opening gains, drifting back within Wednesday’s trading range as traders paused to asses the rollercoaster of the past three days which saw the biggest first day drop of the year since the dot com bubble followed by a surge as Democrats took Congress following Senate wins in Georgia, sparking expectations of massive stimulus.
S&P 500 futures were up 0.4% and most stock benchmarks across Asia and Europe were in the green. Treasury yields held above 1%, while the dollar strengthened against all its major peers. Ahead of the coming stimulus tsunami, Bitcoin shot above $38,000 to another record high.