Reduce net exposure between Fed and option expiration
There is a recurrent pattern around each FOMC meetings - a rise up to the meeting and a correction after (see chart below with the house flag representing the Fed meetings) Then, there is a pattern…
1998 Scenario
S&P500 forecasts based on highest auto-correlations (chart & table) S&P500 2019 is rhyming with 1998: a big sell-off followed by a steep rebound