TSXV:SLX.P - Post by User
Comment by
MEiffyon Apr 18, 2011 7:46pm
308 Views
Post# 18449791
RE: RE: RE: RE: RE: limp
RE: RE: RE: RE: RE: limpFrom
Chris Vermeulen
Inshort, I favor the long side for both stocks and commodities, but thatcan change on a dime once the dollar starts to rally. There are manynegative factors coming together that give me a negative outlook onstocks and commodities for the next 2-4 months and they are:
- Quantitative Easing is now done = rising dollar
- Investor sentiment is at an extreme bullish level = typically a bearish sign for stocks
- The Sell In May and Go Away is almost here…
- Earnings season is here and that is typically a time when stocks get sold into = lower stock prices
My final thought is to keep positions small and be ready to flippositions from long to short and vice versa, depending on what youtrade.