Is a Stock And Commodity Meltdown About to Take Place
Here is quick pre-week analysis video explaining what I think could happen in the gold, silver, oil and the stock market.
The dollar continues to control the short term movements in both stocks and commodities
We are about to see some fireworks across the board in the next few trading sessions and I'm leaning more towards lower prices
Buyers Step in after Break to Prevent Stock Market Meltdown
U.S. stock markets were under pressure early in the trading session because of another shift in risk sentiment. Sovereign debt issues in Greece put fear into traders initially, triggering liquidation of risky asset positions. This was followed by a better-than-expected Durable Goods report however the surprise drop in U.S. Weekly Jobs Claims drove equity markets sharply lower.
So, a better question, concern, or observation during a rally (Yes, Virginia, seven consecutive months to the upside is a rally.), given the extraordinary performance scenario that these investors acknowledge, would be: What can I do to take advantage of the market cycle even more effectively--- the next time?