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 [...]
If I were aggressively trading, I’d be thrilled about this moment in time. It looks like the beginning of the end of the recovery for some time. This only suggests that it won’t be long before the dollar gets going again. As for the rest of the markets, they are going to have to begin [...]
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 [...]
We are at an interesting level on the S&P. Looking at the futures, I’m keen on observing any breakouts to new highs. (With a slight pullback I might look to get in a long position… but, honestly, there is very little I want to do with the long side over the next few months in [...]
