Post by
SACtrader57 on Apr 11, 2018 12:35pm
Nice to see vix back under 20
I remain bullish stocks but i fear that midterms could be very disappointing for republicans. House speaker not running for re election. Also if oil goes up too high too fast then that is the signal to follow for 4 fed rate hikes this year. Payrolls retail sales and housing construction and sales very important to monitor. I think it is possible our summer rally gets interrupted early. First thought would be to go long energy stocks but if the broader market isnt doing well then energy stocks wont rally. Another option is to go long crude and wait for the breaking point in the fed hike cycle in 2-3 years and go all in on gold. Gold moves when interest rates go down.