The chart that follows represents my proxy for the end of the year. I’m looking at November 5th as a candidate turn date. Strangely enough, I’m using sugar as a proxy into the future of the equities market here. The markets are as correlated as I’ve seen them. The fate of most markets I follow [...]
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 [...]
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 [...]
