Dancing around the 50 Yard Line
The stock and metals markets are seeing a lift today as they move back above the swingpoints mentioned yesterday. Our view on the bond market is becoming more solidified as we are putting more emphasis on long term value and risk and the T-Bond market definitely is over-priced, so we are staying short bonds, stocks, and a little gold. The long AG play in etf DBA has about run its course.
Unless there is big news, see you in August.