Giants with feet of clay
Year end bump predictably didn‘t last, and all clients reaped tremendous profits on the S&P 500 (and Nasdaq) slide I called – measured in hundreds of points. What allowed me to field such a high conviction call? As per yesterday‘s video, it was breadth and leaderless S&P 500 – XLE and defensives incl. XLRE don‘t count for me, and then we have more (mega)stocks to pay attention to – TSLA, AAPL and PLTR were my picks to win the index bears over yesterday..
And what did I bring up in today‘s quick premarket video to whet your appetite? Let‘s delve into what rising USD means for stocks, gold, silver, oil and copper – starting with the dollar chart.
Reprinted from FXStreet，the copyright all reserved by the original author.
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