Stock Market Course And Heading 06/08/20
The current King High Tide has risen to 3211. This tide has risen ↑ 16% over 22 days and the seas have risen ↑ 47% since March 23, 2020.
There have been 7 King High Tides since January 1, 2016 and those tides rose between ↑ 15% and ↑ 24%. There is more room for this tide to rise and ↑ 24% would put the S&P at a record high of 3431.
With the recent beautiful sailing conditions (despite the high winds), we remain guarded against the inevitable storm. Boats were called back to port last week and now 28% of the fleet remains at sea.
Captain's Boat Log:
- No new cruises planned at the current tide level.
- Continue sailing boats already at sea.
- There are no short sailings planned.
Trading Tide Levels (at the time of the post):
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