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DB US Dollar Index Bullish Fund Invesco

Cash In by Labor Day with These Four Moves

August 19, 2020 by Tom Gentile

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I hope you've had a great summer – as much as possible with everything that's going on.

My family and I have managed to have a lot of fun, particularly in our new Winnebago Boldt-KL. In a pandemic, it's a nice, safe way to travel long distances, like we did on our summer road trip from Florida to New York.

In fact, I love it so much I find I'm doing a lot of everyday driving in it, just running errands.

Since I'm spending so much time in the Winnebago, I thought…

"Hey – might as well do some trading in here while I'm at it."

So, I hooked it up. I'm good to go; now I have everything I need to scan markets and trade stocks in here.

With gold and stocks going through the roof, and the dollar falling through the floor, I've had my hands full; I sent five plays to my readers yesterday and let my microcurrency folks take two 75% and 90% profits off the table.

As fun and productive (and profitable) as it's been driving and hanging out in the "Winnie," it's only around three weeks to Labor Day, and after that, less than four weeks to October and our first-ever virtual Black Diamond conference. (You can learn how to register to attend here; I'll be there for sure.)

There's a lot going on! And the closer we get to the end of summer, the opportunities get faster and bigger. The time to prepare is right now; if you wait until Labor Day week, it'll be too late.

With all that said, let's dive into my summer-end market forecast that looks at all four "corners" of this market and shows you how to play 'em. Here's what you need to know… Full Story

stocks

Markets Live Recap: Why the Dow Fell for the First Time in 5 Trading Days

April 28, 2020 by Money Morning Staff Reports

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Stocks started the day up about 1%, building on yesterday's positive momentum that 12 states were looking to reopen parts of their economies.

But as the latest earnings reports of the FAANG stocks came into focus, investors became nervous.

This afternoon, these market leaders started selling off ahead of their conference calls with analysts later this week.

That's what ultimately drove the market down mid-day and into the close.

Here's what our experts - Chris Johnson, Tom Gentile, D.R. Barton, Jr., and Shah Gilani - saw in the stock, bond, and gold markets today, April 28...

trading strategies

What You Should Be Watching in the Markets This Week

April 7, 2020 by Tom Gentile

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Here we are in yet another week of the coronavirus pandemic and its impact on nearly every aspect of our lives…

The markets are clearly no exception as volatility continues to shake up not only the stock market, but also the bond, oil, and currency markets – the four areas that I look at to gauge where we are and where we're headed.

Now as you may know, I start out every Monday by looking at the S&P 500 ETF. While it came down on Friday, we were able to see a big bump up on Monday.

One reason behind this is some of the positive news that came from New York Governor Andrew Cuomo about the situation stabilizing a bit in that state, which could lead to more investors getting back into the markets.

Of course, as has been true since this trouble started, you can't trust these rallies. Once that buying happens, the "smart money" will sell that enthusiasm because the reality of the situation is likely worse than the numbers indicate.

Moreover, Q1 earnings are going to be reported this week and will likely have an impact on the markets going forward.

So let's take a more detailed look at what's moving these markets and what you can do about it… Full Story

So let's take a more detailed look at what's moving these markets and what you can do about it... Full Story

Trading Strategies

How to Navigate the Four Corners of This Coronavirus-Driven Market

March 20, 2020 by Tom Gentile

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The last time I spoke with you folks, I told you about three different things that you could do – and that I'm definitely doing myself – in the midst of a world crisis like the coronavirus:

1. Risk less – around the office we have a saying, "Trade small, trade often," and there's a reason for that. Trade small basically means small risk, but also, trading often means we're able to diversify ourselves into many different things, both bullish and bearish.

2. Look for things that go up in a down market.

3. Exploit volatility when it comes to options – boy, have we got volatility here now.

Now, I wanted to take a few minutes with you to show you how I assess these markets.

I divide the overall market into four grids because wherever the overall market is going, chances are, your portfolio's being affected in one way or another. Specifically, I watch four key areas – the "four corners of the market" – to tell me what's going on, and the right action to take… Full Story

I divide the overall market into four grids because wherever the overall market is going, chances are, your portfolio's being affected in one way or another. Specifically, I watch four key areas - the "four corners of the market" - to tell me what's going on, and the right action to take... Full Story

Currencies

How to Profit from Every Major World Currency… Before Central Bankers Kill Them

October 13, 2016 by Michael E. Lewitt

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By my count, there are no less than 180 currencies circulating as legal tender in the world today. There are several dozen alternative and digital currencies in play, although how useful they are remains debatable.

But for the time being, just five currencies – the Big Five – fuel the global economy. They are, in order: gold (anyone who tells you gold is a commodity and not a currency is an idiot – probably a dangerous one, like Ben Bernanke);

gold (anyone who tells you gold is a commodity and not a currency is an idiot – probably a dangerous one, like Ben Bernanke);
the U.S. dollar;
the euro;
the Chinese yuan; and
the Japanese yen.

These are different currencies, of course, but no currency is an island unto itself; nothing operates in isolation. Each of these currencies impacts and pressures the others, along with a whole host of "minor player" currencies, like the Australian dollar or Swiss franc.

I won't sugarcoat this: In the long view, central bankers run amok will eventually succeed in their collective Don Quixote-like quest of destroying the value of paper money, leaving gold as the only currency left standing – or worth owning.

Until that day (which just might get here sooner than you think), these currencies will go up and down relative to one another in a kind of domino effect.

And that's precisely where the most profitable trades are...