7/2/2016 Weekly Commentary

POST UPDATED: February 10, 2024

07/02/2016 Weekly Commentary: Markets popped up 3% for the week, after banging on the Green Line on the Monday sell-off. Interest Rates have collapsed. Bonds blew up to new highs, and Gold made new Highs. HUH?  Somebody will be wrong.
Be careful in this Market, as current low Interest Rates are creating dangerous DECISIONS to be made.

Wait for Money Wave Buys in the Green Zones. Most Funds should be back up in the Red Zones.
Many Funds are having trouble staying Above 90 Relative Strength.

Markets are tired. We would like to warn you: When Markets are tired like they are now, either take quick gains from Money Wave Pops, or STAY IN CASH & WAIT for a larger correction.

“Real Time” Charts for Today

Current Positions  We have raised stop on XME to $24.25 on the Close.

Bonds must not know that Commodities could be ending a 13 yr BEAR.
Bonds must not know that Commodities could be ending a 13 year BEAR.

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