MBCC TH 22nd Apr'24 - "Market is conditioned to buy the dip/HODL, but is this time different?"

We are all conditioned to buy any 100 day mov avg pullbacks as why…markets never go down right…BUT..forget the war, what is brewing in the back?

S&P 500 is now just 3% from the HIGH MADE IN OCT 22!!

As much as everyone loves being long the market, it depends where you buy it, as one can be flat for 2 years if dont trade around it.

Also everyone is so conditioned to buying any pullback and adding SPY to their retirement account, this time the index represents 30% Tech risk so it is not really representative of the US econ!

We break down what our quantitative factor models suggest for asset classes - as macro signals are coming into play now!