•Stocks are definitely short-term oversold…
•But no one knows when the correction will end
•Marking support levels for the major indices
•Doing absolutely nothing is often good in the stock market.
•Brief introduction to risk and position sizing.
•Major sectors are consolidating their recent gain (XLY, XLI, XLB)
•Bonds and bond proxies under severe pressure (TLT, AGG, JNK, XLU, IYR, PGX).
•This selling could be the beginning of a general market turn.
•Dollar overdue for a bounce …
•…And gold-related assets are overdue for a pullback
Ripple drops 50% following last week’s video publication.
Litecoin drops 37%
Bitcoin could easily go the same route
Etherium could still rally
•Oil trading near recent highs
•Natural gas and its volatility
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