Some “News Trades” for Tomorrow

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So with the horrendous news that those maniacs conducted another nuclear test, tomorrow we should see a few things happen tomorrow: EWY is going to plunge, too bad their isn’t an inverse Korea ETF (?), I would assume that Japan takes a hit too, oil rips, and the news could have a serious effect on European Markets.

So Short Korea, and any companies that are have significant exposure to the region. Long oil, and, something I have been waiting for– with uncertainty and further currency manipulation, look for precious medals and PMs to finally lift off. Hopefully EXK finally goes. With all of this considered, I think OII will be a great earnings play. But, before I really get into any of these trades, I am going to see how the markets react, first with Asia, and I’ll be watching futures but they haven’t been very telling in the last few months.

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