Cash is King?

financial-crisis-usa

  • Substantial outflow of money out of Risky assets to Safe Haven (mainly USD and Bonds)
  • Equities and Commodities in crisis mode
  • China firmly at the spotlight – Will it change next week as we head to CNY?
  • Oil broke below $ 30 with much lower target ahead
  • USD strengthen as the risk of contagion spreads
  • Market sentiment lacks confidence as we head to the end of the 2nd week of trading
  • “Chickens come home to roost” analogy befitting
  • “This time is different?” one has to wonder if this is just hot money at work

Dollar Index

Weekly

GBP/USD

Weekly

Oil

Weekly

Copper

Weekly

Silver

Weekly

NO DETAILED TRADING PLAN EXCEPT FOR PRIVATE NEWSLETTERS

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