FXP and EDZ have been on my long list, both are performing well today. FXP is a little harder to buy here as it is a bit extended, but it also is breaking out, which can lead to follow through gains. If you like the position, then you may want to consider phasing into it.
EDZ also has a decent gain today, but it is closer to support and hasn't broken out yet. I like both.
We have recently bought SRS, hold FAZ and will add to FXP and EDZ on pullbacks.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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