WAR Premium

Again I want to re-emphasize because a lot of people are wondering why certain stocks are down and if they might make good buys or gold/precious metals are up as well as oil and if they'd make good shorts.

The answer to both is "probably", yes, but not right now.

If I search the phrase, "When the missiles fly, it's time to buy" just on this site, I'll probably find it 100 times and that's not because of multiple situations, it's been used as an example so many times before to show how the market DOES NOT LIKE UNCERTAINTY.

Buying when war starts is not about industry or GDP going up, it's about "UNCERTAINTY" BEING REMOVED FROM THE MARKET.

Right now there's an uncertainty, "Will the US strike Syria? Will Bashar Capitualte first? Will the Russians give aid as they have a naval port there? What will be Israel's response? How might Iran react? What could happen in Egypt as a result? What if the attack is a disaster?

All of these questions run through the markets mind, a panic starts and it snowballs like crude and gold did over night to the upside with equities to the downside, this isn't about anything else at this time.

I'm rather content to collect data of underlying trade action then make an emotional decision...

Are these assets being shorted at high levels?

Are stocks being accumulated at low levels?

That's what I intend to find out today and moving forward.