Gold factors are coming into congruence this year. I've been writing a lot more about gold this year because I've seen this coming. Gold is still cheap and the trend has turned. Search Google for "Gold Gaining on Factor Congruence" and see my other reports published this year and last on gold. I predicted the August crash and the evidence is at my profile page. Gave investors actionable advice and pounded the table on it in several reports just before the crash.
In my report this morning and noted in yesterday's report, I suggested there is now a floor for oil at $30 thanks to an OPEC put. Google search The OPEC Put - Sets a Floor for Oil for my report. Oil is up big today on the prospect, and stocks will follow, but see the report for important caveats and qualifications and my pending report on stocks. I can't link to it here. I wanted you to know you're pain is over CVX holders.
I just authored a new report on oil at Seeking Alpha, one of my publishers. It's titled Oil Prices - The Epoch Day Ahead (just search Google). Today's inventory data and the Fed could knock oil around like a pinball wizard. But the impotence of the very bearish API data seems to point oil in one direction. That I believe is due to a new or newly altered factor that I'm currently writing about. I'm not the guy with the ugly blog; I'm the guy with the ugly blog who predicted the August crash, so you might want to give me a read.
Interested parties should know I just authored a report by the same name as the title here. Stocks should find solid footing from here. Good entry point. See article for relevant details.
I just authored a report at Seeking Alpha telling why stocks will rally from here. I'm short VXX.
It's titled: Rally Time - Why Stocks are Finding Traction
I just published a report on the issue at my column at Seeking Alpha and at my blog Wall Street Greek. Remember last year, when Greece elections unraveled the euro? Same risk here. See my report for the details.
The NASDAQ-100 is the largest tech companies and biotech. There's no risk to oil and the impact of rate hikes not as important as to smaller tech and biotech. I wrote a report on why the QQQ should be bought and you can see it at my columns at Seeking Alpha and my blog Wall Street Greek.
Sentiment: Strong Buy