QuantNomad

Buffet Indicator and Gold at the all-time highs...

Short
SPCFD:SPX   S&P 500 Index
I just don't get it, we currently have:
But we're only 3% below the all-time high on S&P and VIX is at the lowest levels since Feb.
Something is wrong here, I think we should definitely see another correction. V-shape recovery is too easy for these kinds of conditions.

Disclaimer
Please remember that past performance may not be indicative of future results.
Due to various factors, including changing market conditions, the strategy may no longer perform as good as in historical backtesting.
This post and/or the script don’t provide any financial advice.
Courses:
PineScript Programming: https://qntly.com/pinepro
TradingView Essential: https://qntly.com/tve

Access to Pro Indic.: https://qntly.com/proind

YouTube: https://qntly.com/youtube
Discord: https://qntly.com/discord
Telegram: https://qntly.com/tel

Comments

So much liquidity been pumped into the economy and people are stuffing it wherever they can, everything is being bought up, bonds, gold, equities, REITs, everything. All the usual macro indicators are worthless, very little guidance from the earnings reports, we are all flying in a fog and hoping the elevation gauge is reading correctly. RIP Kobe.
+7 Reply
Can't underestimate the general impact of the weakness of the dollar, low rates, and tech largely benefiting from it all under COVID though. Here is our take
+1 Reply
Your telegram channel?
Reply
Good job
Reply
So good man
Reply
The Buffet meter is real and key to risk mgmt. When it goes to 140 it's time to GTFO!
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out