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Enjoy tonight’s video, and enjoy your evening.
Great video as always chess. What do you think about the S&P being range bound for another quarter while the 200-day comes up to price instead of price coming down to it?
Thank you, Matt. That is a good point and something which becomes more a possibility each day bears fail to break us down.
Could you analyze the TSX? It seems to have decoupled from the US indices lately. It may be worth looking north if energy + metals will be the story of 2014.
I will later tonight. Check back.
Chess, just something to consider with looking to short TLT. If it breaks that rising wedge, it might just indicate the animal spirits are back in vogue in growth stocks. May just be a barometer for hunting growth set ups. Sure you’re well aware of this, but it’s just how I use TLT/TBT.
You’re nuts if you think the Fed won’t come out tomorrow and defend the market big time! Yellen is going to show that she can get the market to rally just like Bernanke did.
Buy gold/silver in the morning for a huge pop on the fed.