Smart Money: Big Day Corona Del Mar, CA   Howdy Chris! 7.4%.   That's how much bonds (TLT) were up in 9 trading days since the Smart Money went to a "sell" signal on the S&P 500. So much for being "boring."   The S&P 500 is up 3.6% since then. It seems like more doesn't it? That's probably due to the emotional impact of making new all-time highs.   Studies like this one show that the S&P 500 will likely cool off for a bit, then zoom higher into 2024. The Smart Money strategy is also at new all-time highs, up 29% for the year. Today is an import update for the Commitment of Traders report.   ES E-mini futures traders started rolling over contracts last Thursday, so that should show up on today's report.   And then next week, we'll see even more data come in to see what these wrong-way traders did after the FOMC announcement.   And remember...If you're:   watching the Fed drawing lines on chart pouring over balance sheets doing wave counts looking at candlestick patterns actively looking for dozens of indicators to support your thesis   You are in the majority.   You can't make real money in business doing what the majority does...that goes double for trading.   P.S. Follow The Boss on Twitter for more frequent updates and insights:   https://twitter.com/PortfolioBoss Trade smart,   Dan "Prince of Proof" Murphy                                 Portfolio Boss, Inc. 260 Newport Center Dr, Suite 100 Newport Beach, CA 92660   Don't want to stay in the loop with Dan? We'll be sad to see you go, but you can unsub to no longer receive emails.