18Mar2:20 pmEST
The First Move After the Fed
Commodities are displaying impressive initial strength after the Fed announcement, along with equities.
Silver, gold, crude, and even corn have my eye for fresh longs here, along with the precious metals miners.
Volatility is getting pounded and the indices are rallying, which is why I have kept my shorting tactical and specific to individual names, and will continue to do so until that pattern changes.
As we work through the final two hours today, I am watching to see if thee moves stick or are initial head-fakes, post-Fed.
Some ways to play the above ideas: Long UWTI, Long NUGT, Long USLV, Long CORN.
Shedding Some Light on This ... Probing the Reaction with Pa...