Looking forward the next big moves will be in these securities. Nostradamus would be proud!
Short Aussie stocks as the China slow down is more than a soft landing.
If you don’t believe in the real risk of a hard landing, then the FOREX traders sure do! The unwind of the AUD and FXY carry trade is not helping.
shrink
Speaking of FXY, still falling.
Mean while gold is on the comeback.
Investing Quote…
..”Successful tape reading is a study of force. It requires the ability to judge which side has the greatest of pulling power and one must have the courage to go with that side”..
Richard D Wyckoff
..”If past history was all there was to the game, the richest people would be librarians”..
Warren Buffett
