He spent a fortnight complaining about missing the level in gold, bought it on Tuesday, and took the profits on Thursday. Gold then ran more than a hundred dollars without him. He admits on air that he may just be a nervous person and could be kicking himself tomorrow.
He has also cut total exposure sharply ahead of the jobs report, and closes with three ratio charts going back as far as 1970 that he reads as pointing to one specific moment in market history. Plus the clearest explanation of overhead supply anyone has given. His views are his own.
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Chapters
0:00 A green day before the weekend
1:01 Range bound for weeks now
2:26 A new short ten minutes ago
3:48 Why small caps lag here
5:13 Three events in three weeks
5:55 Cutting exposure back dow...