Oil keeps bouncing around with every geopolitical headline. The big AI companies keep launching their “flagship” products while, at the same time, asking regulators to regulate them. Funny how that also happens to help with product liability claims.
Bond yields are shooting up around the world while stocks keep jumping whenever yields do. Go figure.
Well, we have not even got to October yet, historically the scariest month because it tends to be the most volatile. So the market is already nervous before the scary month has even started. It is crystal clear from our proprietary sentiment indicators showing that investor psyche has remained closer to the fearful zone.
None of this is new. There is always something trying to frighten investors. The trick is not to get frightened.
Focus on the tape and be wary of sensational media narrative. I focus only on the signals that matter because I want to live much longer.