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The Game Has Changed
The Compound and Friends
Is the Dollar Dropping Like a Stone?
We look at the markets in two distinct buckets. The first one is what we call potential energy, you're a chemist, you see, potential energy, right? So that's sentiment, that's valuation. It's something that it's inert right now, but it has the potential to be very, very powerful. And then we look at kinetic energy, what physicists call kinetic energy, and that would be something like momentum trend. Without that thrust, without that percentage of issues over the 20-day, the 20- day highs, all those things we talked about, it's really hard for us to say, okay, this is a new bull market.
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