Assuming that, out of the blue, every single one of these doesn’t decide to break tradition! The green tints represent the PEAK of each sine wave, and the red circles represent the PEAK of each price pulse.

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Assuming that, out of the blue, every single one of these doesn’t decide to break tradition! The green tints represent the PEAK of each sine wave, and the red circles represent the PEAK of each price pulse.

Below is the chart EMB, which is the fund of emerging market bonds. .As with all assets over the past ten weeks, it has been a straight shot up. Allow me to quietly point out the proximity of the present price level to its broken long-term trendline. I’m thinking that’s about all she wrote on this rally.

If I were to characterize the nature of my portfolio currently, it would be like the old saying: “Put all your eggs in one basket and watch that basket.” Well, ok, it’s three baskets. Instead of having dozens of positions based on individual equities, I’ve changed to a very small number of ETFs. I wanted to walk through those with updated charts.
First up is my anchor position, the utilities XLU. It’s doing great. The profit on the options is about 53%, and I think its move is just getting started. This is probably my favorite chart in months, if not years.
