Portfolio Activity

The following positions will be added to the portfolio at the market open:
Buy 100 SPY @ open
Buy 500 OIL @ open

The only thing I wish to comment is that I maintain the US Indexes are still extremely overvalued and I will need to see a significant correction before getting too constructive on the portfolio.

I think this average of the valuation metrics I subscribe to says it all, we are still very overvalued.
valuation-indicators-average

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