Things to watch... Always keeping an eye on the dollar index as it has been pressed downward to historical lows. This has helped the rise in stocks.
Watching the VIX for signs of a top in stocks. Right now, the VXX 12/18 option call premiums are cheap... Even the January calls are lucrative... Going with at the money or In the money plays is not a bad decision. This is a position which is best Scaled into... A small 25% buy of the position wanted.
We know we're way above the moving averages and a pullback is due.
Watching gold and silver, and GDX here for a long entry.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.