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Member’s Video for Wednesday August, 30th 2017
If you read the newspaper this morning you would have thought the smart move was to short stocks and buy crude oil. Well, the correct way to trade it today was exactly the opposite! We took profits in gold off a possible triangle top and added new long exposure in Facebook.
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You mentioned in a couple videos about North Korean rocket over flying Tokyo. Not exactly correct. It over flew the northern island of Japan. Tokyo, the capital and most populated city in Japan is much further south. Equating to the west coast, rocket flew some where south of Portland and Tokyo is south of San Jose. Regardless, Tokyo would be in rocket range.
Konrad,
Thanks for that clarification. So around 600 miles, still too close for comfort. Yikes this is getting nasty.