For those interested, SpockG back on the road again. For those not interested read no further.
New positions entered on 1st June 2017 as shown: https://spockg.com/
1. Global Matrix will be published weekly, on the weekend ONLY
2. All trades will be entered on the following trading day AFTER the weekend
3. The entry or exit price will be the VWAP price for that trading day
The second column has been amended to show the weekly trend in each sector and sub-sector. Based on this, the following are the main trends:
1. Energy is a short
2. USD is a short
3. Gold is a long
4. Equities are a long
I like RIO and Vietnam and Gold for long positions, and Chesapeake Energy (CHK) as an energy short. For those looking at the Uranium sector, be careful, as its still in a bear market, trying to find a bottom. At some point in time, the sector will be the buy of this generation, as its hated by the herd, almost as much as Gold.