Daily Archives: April 18, 2017

Sailors Take Warning

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It’s tax day today, the day you should reflect upon the fact that all the taxes you pay over the course of your entire lifetime probably won’t even cover the cost of one of those missiles launched into Syria a week ago. I finished my own taxes – – both for my family and my various businesses – – two months ago, since I like to do that sort of thing when I’m really bored.

Since there’s no midnight trip to the post office in store for me, I can focus on charts and trading. As I type this in the pre-dog-walk darkness, things look pretty good, considering I’m short both gold (and miners) as well as equities, and everything is red. That’s unusual, since gold has typically been strong whenever equities have been weak, and vice versa, but they’re all lining up with the right color as of now.

0418-red