Headlines and news stories about an escalation in military activities – war – in the Middle East and South East Europe continue to dominate my news feeds. Yet, (1) a stronger US consumer, and (2) higher than expected inflation paving the way for the Fed to correct a widely debated policy mistake have led to a grind and jump higher in major equity benchmarks.
I continue to trade the market as if the “July rout” in equities was a correction. My favourite – proprietary momentum – indicator, is just beginning to signal a buy.
The payment is, critically, an explicit acknowledgement by you that you have read and understand the 3 points below.
I am not providing you with investment advice. Do your research and make your own investment decisions.I am not encouraging you to, nor asking you to trade.You will see at most two sentences that tell you how I am positioned, and/or maybe how I have traded.