We'll get straight to the point: The markets are difficult to trade now.
But...Wait a minute! Aren't the markets ALWAYS hard to trade?
The answer is: Nope, not always.
Current market conditions have become choppy and difficult to trade, a result of a complex mix of different factors. Taking a huge directional bet is almost certainly going to backfire in no time.
So, in conditions like this, how do you trade?
In today's Snippet:
The fundamentalreasons for current market conditions
In the midst of very busy Lunar New Year festivities, we've turned intermittently bearish again. Why, you may ask?
Regular readers would know that we have been flip flopping on our biases for a good while now. The reason is simple: the markets are doing exactly that - flip flopping. With markets in such volatile conditions, the best strategy is to be ready to turn on a dime.
In today's Snippet, we take a look at last week's NFP report as well as the overall U.S. economy, while centering key parts of our write-up on the U.S. Federal Reserve, other central banks and global stock indexes.
You will learn:
Our reasons for turning intermittently bearish
An in-depth look into last week's NFP report, and why it MATTERS
Why you should pay attention to the U.S. economy, the Fed and the USD
