Big money is leaving

First of all, Happy Rat Year!!

If you are travelling back to China, wish you a good luck! It is dangerous there but hopefully the coronavirus crisis can be contained soon.

Just a short note that per my source of information, the big money in the Street is silently retreating from the market at the moment. While it does not necessarily mean an immediate crash, it does indicate that the froth in the market is not little and the expectation for a further push up is limited for the near future. So the big guys don't want to leave too many chips on the table with too much risk involved. Be prepared for the heightening volatility in the weeks ahead if you still want to try your luck to squeeze the last drop of milk! Today's selloff may likely just be a tiny taste of what is coming next. No I certainly don't expect a sudden one time crash and very likely we'll see eager buyers next week for the dips but I just cannot be bullish at the moment for the market. I'm trading TVIX these days and sold for 6% gain today in about two weeks. Likely I will be doing much more such trades for volatility in the next few weeks!😋

In the same token, see an interesting report by Bloomberg calling for a potential disastrous ending for retail investors when this bull run finishes. Hope you will not be be one of them. 😗

Amateur investors are making risky bets that could wipe them out - Bloomberg. After years of falling debt yields and new technologies enabling one-click purchases of complex financial products, mom and pop investors around the world are making bets that put them at danger of getting burned.