Real assets and commodities will fly as the world is flooded with paper currencies, especially USD. Inflation will bcome an issue for Federal Reserve very soon.
Geez, people who save money in their banks actualy got punished more than those rectless spenders?
My strategy of longer term trading: Buy commodity stocks and short banks and REITs.
DOW down 90, NASDAQ down 17 and SP down 11...
Commodity and energy stocks will recover in the last hour, I'm betting it now ...
This is my lucky charm of the day
Thanks to my recent commodity / basic material /energy green thumbs and some points recovered from my REITs red thumbs...
Chinese solar sector is rocketing. Top solar module providers like YGE, CSIQ, CSUN, TSL are leading early rally since March. Now followed by wafer providers like LDK and SOL lately.
WFR, however, is lagging in performance.
With TI and UMC news pointing to chip recovery, WFR downside looks limited.
It happens 4 out of 5 sessions since March low.
Interest rate is going higher as long term T-bonds are falling. Are investors selling them for stocks?
Currently quote: 0.56
Thinking about buying 100 contracts of that. What if GM stops trading?