Market losing steam
As I posted this week, if the markets push up to all time high and is unable to maintain its price for a few days, then careful a correction may happen. As we see early in the trading hours, everything was pushing up but suddenly it starts to lose steam and now all in negative territory. Seems like the big money is starting to sell off ahead of the Fed decision tomorrow.
My short on Nvidia, SOXS, QID, SDS and KOLD are all in the money. Will monitor closely and see what happens tomorrow.
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Retailers must include gold in their portfolio during rate cut cycle and economic slowdown. Consider NEM, GDX, GLD, GDXJ
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