And the hits just keep on coming. This market is in rally mode for sure. We’re getting to that stage once again where the public, the media and even the professionals start to believe the market can’t go down.
Of course, in seventh grade Isaac Newton taught us (indirectly through our teachers) that what goes up must come down.
Most people just don’t know when. We have a pretty good idea though.
As for this week, I’m pretty confident we will see a nice and juicy down day that will provide trading opportunities on both sides.
The video discusses the bond market, the gold market and the recent move in oil, where I think it’s going next and how to play it.
I discuss my thoughts in terms of which days are the best possibilities.