No Time for a Victory Lap

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I am not going to take any victory lap. Whenever I do, I start making bad calls. But that's not the real reason. 

The real reason is, no one likes a braggart. 

To me being right is simple — I stay with the trend. We all know election years are bullish, but that's a smaller part. The larger part is the $1 trillion the government is printing every 100 days, do the math. It's totally unprecedented and it's back to the old saying when there was zero borrowing cost — don't fight the Fed — although the Fed has rates sitting above 5% now, well above the days of ZIRP.

Finally, I know people pay a premium to get the full version of the Opening Print and I want to thank all of you. But I also want to point out that the $10,000/month newsletter the PitBull pays for has been buying puts in everything for the last 2 years with only a few bullish calls. I also know a few other well-known market-timers that have been selling for months and months. 

I always say I am not smarter than you... I just don't fight the Fed.