Yours truly…read past blogs and commentaries MB Wealth has been saying the recent commodity move had over extended itself and Mr. Market delivered. As a trader sometimes you get out too early and we’re guilty of that for clients in recent weeks. The way I look at it I would rather be on the sidelines wishing I [...]
The stock, commodity, treasury & dollar counter trend moves we spoke about in this weeks commentray are in play. If the S&P closes below the 20 day moving average at 880 we expect a route next week. From energies to agriculture we expect across the board for commodoties prices to come off. We will use [...]
The recent move north in various commodities and equities seems to be too far too fast. That being said we have advised clients to monitor equity positions closely. I would expect a move south in indicies before we see more upside. If our assement is correct look for the Dow to make its way to7800 [...]
