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•Stocks break out to fresh record highs. Is this a buying climax?
Financials, Industrials, Biotech leads. Staples and Utilities lag = risk-on posture
•Junk bonds still confirm a bullish posture for stocks
TLT corrects for the 4th week straight
•US Dollar likely to roll-over
British Pound and Euro poised for rallies
•Gold attempting to bottom as it waits for queues from the Dollar
•Unconfirmed Bullish Engulfing on GDX
•Oil drops sharply and could be headed to the mid to lower-40s
Time to short XLE?
•Natural gas vs UNG is it worth the risk?
•Copper holds support at a logical level
Charts mentioned in this video are located here: stockcharts.com/public/1229503
•Stocks break out to fresh record highs. Is this a buying climax?
Financials, Industrials, Biotech leads. Staples and Utilities lag = risk-on posture
•Junk bonds still confirm a bullish posture for stocks
TLT corrects for the 4th week straight
•US Dollar likely to roll-over
British Pound and Euro poised for rallies
•Gold attempting to bottom as it waits for queues from the Dollar
•Unconfirmed Bullish Engulfing on GDX
•Oil drops sharply and could be headed to the mid to lower-40s
Time to short XLE?
•Natural gas vs UNG is it worth the risk?
•Copper holds support at a logical level
Charts mentioned in this video are located here: stockcharts.com/public/1229503
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