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Trading Portfolio June 1

Meta Strategy Trading Portfolio – Probability Map Update.

Shortened Holiday Edition

On holiday is probably the best place to be to remain patient in the current market.

These are this week’s highlights:

* Momentum is reaching generational, gravity-defying intensity, which is very bullish over the medium- to long term, but over-leveraged FOMO traders are likely to get hurt over the short term.
* The case for mean reversion is supported by extreme positioning, an accumulation of split-market alerts, and weak midterm summer seasonality.
* Market bubbles typically become more volatile as a top approaches and especially in the broad market fast and deep pullbacks are common.

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