If you have the time to watch the market (not every minute, but to check up on it several times a day or set alerts on your phone) you may want to consider using this area (as we have talked about many times before) to set up short positions that are shorter term in nature, for a pullback in the market. All of the signals are still there for a decent size pullback.
If you'd rather play a larger trend with less babysitting and higher overall probabilities, wait for the pullback to start to end (as we'll update) and start looking at adding some of the longs you like.
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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