Then, Everything Goes

‘Professionals don’t look for the challenge, they look for the money’, Dr. Alexander Elder

Right now, the ‘challenge’ is AI; bull or bear, who’s right?

We even have a bearish article out on SeekingAlpha. That means, the sector will probability go higher from here. 🙂

I wrote for SeekingAlpha years ago; had tens-of-thousands of views on my work; was somehow, never paid a dime.

The editors eventually told me, identifying potential market turns to-the-day, was “not suitable” (that’s a real quote) for their readers … so, there’s that.

Follow The (Nat-Gas) Money

Meanwhile, a potential significant reversal was identified in Nat-Gas, link here. So far, it’s progressing under the radar.

Entries have been made in UNG, at 6.64, 6.75, 6.86, 6.89, with a hard stop moved up to UNG 6.71 (not advice, not a recommendation).

Next, we have a potential reversal in Real Estate.

Real Estate IYR, Daily

Price action’s now at Fibonacci Day 8, from the low on August 21st. In addition, it’s at the 50%, retrace level from the high on July 27, to the aforementioned low.

We’re in a high, potentially, soon to be much higher, interest rate environment.

The (Interest Rate) Black Swan

The general public and investing professionals alike, think as the economy tanks, the Fed will lower rates.

It’s a widely and strongly held belief. After all, it’s always worked that way.

What if it doesn’t happen this time.

The economy tanks and rates move even higher?

it’s a possibility to consider.

Positioning

As one might guess, I’m already short this sector via DRV (not advice, not a recommendation).

Entries were made yesterday and today at DRV 48.42, and 47.66 respectively.

Hard Stop, is at the session low of DRV 47.00 (not advice, not a recommendation).

Stay Tuned

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279