Between the geopolitical factors as well as the highly inflated and narrowly supported indexes, we are truly in uncharted waters. While, from one angle, this is an environment we haven’t seen before, from another we have seen this kind of irrational behavior in the markets in the past.
I sent my update to my subscribers over the weekend (they get this daily) and I wanted to share this example with you. We are seeing rotation into different sectors and one in particular has my attention. Take a look.
Look, I have 30 years doing this stuff at a pretty high level and I am just a flabbergasted as anyone but at the end of the day we have to make money trading. Use the most basic strategies to be smart when you look at trades in this minefield. Adjust position size, use strategies that control risk, and don’t…whatever you do… turn your back on this for one second.
Here is the link to get my updates for just a buck. I will be sending them out daily to help you keep an eye on this challenging environment.
Thanks,
Joe
Recent Comments