It's just hard to watch. It goes against the grain to see a market rallying on weak growth. Like I said, maybe I'm missing something or the New Economy is making up for it. Tech, services.
And copper? The problem I see is that yes , equities on valuation would be cheaper, but our manufacturing might continue to weaken. Cat, oil etc. So it might be good for financials not dependent upon yield, some services. Basically it looks like the rich get richer and so on. But it wouldn't...
Could you elaborate? I have some other anomalies. Copper down. Gold down. Usd up across the board. No aud, no Nzd. No money going to the periphery. It's a little suspicious. If the dollar keeps rallying, it should be deflationary. So there's no need to raise rates. It should be inflationary for...
Definitely feel the shift in emotions going from sim/paper back to cash. You definitely can slide on decisions on paper. Usually I have a good idea of stops either way. It's where to close out or add that's more difficult.
Shorted EUR, GBP, AUD, Cad about 45 min ago. Covered EUR and GBP. EUR +15, GBP +10. Still short aud, cad bigger size. Looking to reestablishing Euro short with more size.
It's right on the edge of turning down. It may not do so, but I think I'd wait until this dollar up move (USD) turns around. That could be awhile. Problems in Europe seem to be getting worse, not better. Generally i would say that positive equities, improving economies lead to money coming out...