This is an update/correction to my investment guru's recommendations, Enjoy!
Mark
C$, oil and $spx are holding very well (weekly chart).
It is very likely that they will try to destroy the US$ (to create inflation).
Remember last time?
However, for some reason, gold/silver do not show much upside.
But, oil does.
Things change.
What would I do now?
Hold C$.
Hold some oil.
Hold some financials.
For now - eventually you got to sell.
But, the charts don't show it yet.
Very confusing situation: the weekly charts (long-term) show more upside,
but the daily charts (short-term) show a sell.
It could be another trap - too early to tell.
With stocks it is easier - some you can short now, some you hold,
some you buy, some you sell, some you avoid.
Mutual funds are different - because of 1-10 stocks you can lose all gains.
Whatever you do be careful.
Usually the signal you use is: if analysts recommend a stock that has gone up significantly get out!
Great advice!
I hope this finds you Happy and Healthy!
All the Best!
Mark
A. Mark Argentino
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