'Buy The Dip' - Sure Hope You Did

Chart, Trading, Courses, Forex, Analysis

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We were excited about last week’s lows and for a good reason. I told everyone to wrestle with the bear and get in the market and go shopping. We’re off those levels now, and I still think taking advantage of the selloff was the right call. I’m seeing some encouraging signs bubbling underneath the rally we’ve seen over the last two sessions. Tech and chip stocks are leading the move higher. (Though I still think the setups are better in energy right now - more on that in a minute.)

Beyond equities, things look even more exciting, particularly the carry trade in the Japanese yen. The market wants Japan’s central bankers to end their negative interest-rate policy, and there are rumblings, but traders are calling their bluff. I think there are great opportunities there. Bitcoin and crypto are behaving nicely, too. There’s a lot to talk about today, so let’s jump in…

Video Length: 00:11:30

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