Stock Market Tide Update

The recent King High Tide finally crested at 3233 on June 8, rising  17% over 25 days and, at the time it crested, the seas had risen  48% since March 23.

There has now been 8 King High Tides since January 1, 2016 and those tides rose between  15% and  24%.

The Low Tides that followed each King High Tide averaged  5% and lasted 13 days on average.  Today is day 3 of this Low Tide and we are  7%.

Updated Captain's Boat Log:
  • Possibly, and very cautiously, float some boats below the 3100 level. VIX is above 30 knots.
  • Continue sailing boats already at sea (about 28% of the fleet), and will continue calling back more boats to port around the 3200 Tide Level.
  • There are no short positions planned.
Fair winds and following seas!

Trading Tide Levels (at the time of the post):
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