The US Dollar is as much a focus for me this week as it has ever been. It is starting out the week testing it’s latest lows. Some quantitative research I’ve done has been me focused on possible meaningful dollar bounces starting as soon as the end of this week. Not to mention, the tightly [...]
Albeit it’s still seasonal prime time for gold. There should be many great weddings in India, drowning in gold. And, heck, I agree with the scathing write-up on ZeroHedge about why this isn’t the blow-off top on gold. Regardless, I’m still a bit suspect of this market. There are a few things I want to [...]
Be ready. Above and beyond all things, be prepared. Know what you are willing to risk and what you are looking for. You don’t always have to be right. But, you need to know what you believe; and, your belief must include an expectation with both a very specific measure by which you will know [...]
The last week of October is a sensitive time period for modern traders. Black Tuesday, October 29, 1929 was quite an auspicious date. Although not the last week of the month, not far from it was the 1987 Black Monday, October 19. These historical events hang a shadow over October. This year is no different. [...]
hmm… I suspect the markets are going to start stirring a bit this week… this is primarily due to a sign of some early technical tells that certain markets may indeed have run their course. At the top of my list… consider being short JY GC rolling over… long DX… KC and CT are getting [...]
Long US equities and long gold and I’m not happy about the situation. It’s Monday in Asia and US futures markets are down a good amount. Off 60+ in the dow. Needless to say, my best weekend research says that this is a good time to being to try getting short US equities… (albeit i [...]
