“Most people do not listen with the intent to understand; they listen with the intent to reply.” – Stephen R. Covey

As we said on twitter and discussed in the most recent weekly outlook video, there is a big difference between the market covering hedges and outright risk-on buying. The proof is in the pudding and we’ll have to see how we get through this week with escalating tensions in North Korea, the Wednesday Trump tax extravaganza, ECB/BOJ Thursday and more potential inventory builds. The waiting games continues…

As always there is no substitute for real-time/live action; if you are interested in attending a daily morning call into NY with a more detailed live discussion on all the charts and ideas we highlight/review in the outlook video and here on the blog, you should check out our Daily Webinar Group.