Can I get a hallelujah? The $DIA is up for the year!
I was thinking about the week before Labor Day 2010, and that was the start of an incredible bull market run. Now, here we are having a nice rally the week before the week before Labor Day. It was almost as if folks were trying to get in ahead of the run-up, and then creating the run-up and rally themselves!
I remain positioned in low-beta stuff, cash, some oil, and the QQQ and VB trade. I think the latter is close to positive, and offsets the (now) small loss in the QQQ trade. So those trades have been like being in a money market fund, but much more exciting, right?