BOFL flew today, that's why I'm still including ENG and SSN if you haven't taken a position there yet. MOT has been on the list, but it is still within shorting range. All the ETF's I mentioned are worth a foot in the door to get a position started.
The dollar broke out of a bull flag today-Bad news for the market. Be careful with oil/Gold right now.
I thought this would be a "V" shape reversal, but all of the sudden I'm seeing tops everywhere.
I listed a few tonight that have the potential for big gains-the high fliers, but there's a lot of nice shorts there too and if you don't have some short exposure, I'd be careful with the longs.
I'll update the targets in the tomorrow-all trades are at the open/at market and as always, feel free to email me about any of the ideas. A few I really like-FBP and BBX plus what I listed above.
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