 |
| Market Weakness Prevails |
Canary in a Coal Mine
Apple, Inc.
Apple is our go-to canary in a coal mine.
So Goes Apple - So Goes the Market
Trendline Analysis
Trendline Analysis
NASDAQ
 |
| Just like Apple, the stock market in general continues lower. |
Addendum: Inflation Hedges Folio
Natural Gas
Commodities have slid as the Euro currency has dropped and the US Dollar has risen. This should
continue until there is some resolution to the Greek / Euro Zone delema. The following is our Market Direction Model applied to assorted hard assets that we use to monitor inflationary pressures.
continue until there is some resolution to the Greek / Euro Zone delema. The following is our Market Direction Model applied to assorted hard assets that we use to monitor inflationary pressures.
Note that Natural Gas is actually rallying.
 |
| Natural Gas has fallen to such a low level that it is now a compelling buy and is in fact being bought as a true value play. |
Trendline Analysis
Natural Gas (UNG)
I added to our existing position in the natural gas ETF (UNG). These low prices are indeed compelling.
Addendum 2 - Long/Short Folio:
I overweighted our holdings in Pimco Total Return ETF (BOND) . So, BOND is now held both in the Flex Income Folio and the Long/Short Folio.
Our stance on the market in general remains very defensive. I am comfortable with overweighting BOND and UNG as both are attracting money right now.
This blog post does not constitute an offer of investment advice. This blog is only provided for educational purposes. Please read the Important Blog Disclosure posted in the right channel bar.
No comments:
Post a Comment