Worldwide equity indexes continue to rise in spite of what some people think. Continue to hold.
Interest rates have been falling all of 2017. Remember, the “experts” said interest would start rising early this year. Continue to hold TLT.
The $US has been falling all year as well. Probably a reversion to the mean going on here. Not sure. Most likely going lower. I usually don’t trade UUP but I follow the price action.
Gold has been rising all year. I’m not interested yet. Energy has been falling all year. No one has a clue where this is going. No position here.
Bitcoin and digital currencies have been going bat poop crazy. Waiting for 25% correction to jump in with small amount.
North Korea is getting “ambitious”. That dude needs a talking to. Where is Dennis Rodman when we need him?. Jeez.
Trump is pressuring China to help. China still owns a boatload of our debt. Don’t hold your breath. Continue to hold.
Brexit didn’t amount to a pint of beer. I like a good pint of beer but I like it cold.
Putin will continue to be an antagonist. Those damn Ruskies.
India is going crazy. Very smart people trying to bust out of emerging market status. Continue to hold.
Social media is on fire. Obviously. Hold.
Payment companies are going crazy. Waiting for better entry.
Health Care indexes are rising. Hold.
Not so much auto stocks and energy related companies. No position.
Lot’s of mixed signals. It’s impossible to trade the news. Don’t even try. You will get your head handed to you.
Don’t Try and Beat the Tape on News, Beat it on Price Action.
No new positions going into the beginning of September.
Trade Smart,
Don