Back To Work Folks

Back To Work Folks
Photo by Eddi Aguirre / Unsplash

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Market On Open, Tuesday 28 May

by Alex King

Well, long weekend over, it’s back to work sadly. Equities are up at present, responding to the largely green short-trading-hours futures market move yesterday. Come the open though, who knows, perhaps a collective mood of misery will set in. Today’s close is important to set the scene - anyone who is thinking of selling in volume at or close to all time highs once more has a chance to do so.

Anyway, back to the task at hand. As always in these notes, today we cover all four primary US equity indices (the S&P500, Nasdaq-100, Dow Jones-30 and Russell 2000); bonds (TLT), volatility (the Vix), oil (USO) and sector-specific ETFs. We provide long- and short-term insight daily and we include coverage of leveraged ETFs which - if you have gotten sharp at the rotation and hedging methods we teach - can be used to very good effect. All of this features daily in the pay version of this newsletter.

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