Just a quick hello from Tim in his big fuzzy brown robe.
My inclination toward going long assets of all kinds seems to have a good day in front of it. I've got big long positions in UNG, GDX, DBA, FXE, SLV, and OIH, plus an even bigger short in TLT, and they all look good for the morning. Late yesterday, I got into a medium-sized short on SPY and IYT, neither of which look good this morning, but as long as the /ES stays below 1088.75, they still might enjoy a profit on the smallish equity dip I'm anticipating.
Have a good morning……