Golden cross? Cute. But this ain’t 2009 or 2020. Backtests don’t pay rent, especially in a market this distorted by mega-cap flows, zero breadth, and Fed ambiguity.
📊 $SPY — One more stat to chew on this long weekend: A golden cross formed in the last week of June. Over the past 25 years, when this happens, returns are mostly positive 1 month and 3 months out … Read more