I've said it so many times recently that it's becoming tiresome: EUR/USD up; energy up; gold up. This has come true in spades.
The problem is that to some degree I didn't wait long enough. I am partially positioned to take advantage of the above, but in some cases, I bought puts (or hung on to puts I already owned) in the areas of agriculture stocks that would have been wiser to shed. Because the entire universe of oil, gold, agriculture, and the euro have all blasted higher.
I am highly confident these will all turn the other direction, but I admit it's difficult to know when. The EUR/USD in particular looks like it has the potential to go much higher below crumbling once more.
Time to look at some charts……..
