Our primary trends of a strong US$, bullish equities and bearish bonds continued last week as we never got the near term pullback we needed to add to positions. Gold and Silver may provide the best near term long opportunities... Expect US$ to be topping while PM's are forming a potentially important low.  The US […]

The strong trends identified last week of bullish equities, bullish US$, bearish bonds and bearish PM's continued all this week. These market moves have been unrelenting so I'm glad we called it early and have been on the right side of these markets. There is no change to this outlook into year-end. The nature of 3rd wave […]

Warning: This update is unreservedly bullish for global risk assets while last week's lows hold. I know I'm going out on a limb here but when the market speaks, it's best to listen. Last week was significant. El Presidente Trump now has a new reality TV show consistent with the broad populist social themes of the […]

This US election uncertainty is perpetuating a whipsawing market - uncertainty creates volatility and a very tricky market to navigate or trade with confidence - Event risk is Very High Last week was important. The SPX broke below our key invalidation level of 2110 and fell straight to the 200 day sma support at 2082 (tweeted last […]