easy in hindsight
no crash on spx yet. no regrets on selling portfolio may last year. spx has not even touched previous high yet and banks on the nose as expected. can always rebuy if blue chips get through this churn down
gold and goldies been the place to be
energy moved back up to 40 and see if consolidates here or pulls back as expected
$US now established a range between $1 and 94c
yellen and fed still controlling things . expect $US will raise as real inflation kicks in and gold and silver should also consolidate and rise
oil not so sure
if interest rates go up then spx should finally roll over
will know more this week with fed now looking dovish to prop up us economy yet again. hard game they are playing
unless they bring in more qe then expect just a matter of time. like pulling teeth
bonds another indicator going up. everyone picking their fav vehicle spx bonds gold oil and $US. will see which ones win. not going to bet on currencies here
recent sequence to me always the same. bonds up in uncertainty as spx money finds a new home then $US then gold then goldies
well my goldies are getting through to new levels here
trend at moment still same. gold has held support and trend up. silver oil churn up with trend unclear. silver been very disappointing but still in the game.
copper china churn
spx churn
$US churn and will see what fed does to it this week
my trading parcels turning into a half decent gold and silver portfolio