This has been a really hard call because there has been accumulation in a number of area, I think what just swung it for me is VXX/UVXY starting 1 min negative divergences that are nothing like the last few days.
Here are some longs I like either with or without leverage.
XLK
IWM
FSLR
MCP
FAS (3x long financials)
PCLN
among the others mentioned.
I may start throwing some trade / position ideas out quickly as this looks like a quick turn may come.
Is interest rates about to start going up?
-
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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