“Strategy without tactics is the slowest route to victory. Tactics without strategy is the noise before defeat.” – Sun Tzu
As discussed in out latest outlook video, we expect a very interesting and volatile week with the SOTU address, FOMC, Key earnings and NFP and btw, don’t forget the Super Blue Blood Moon coming on January 31st too 😉
Make sure you keep up with all of the latest charts posted on our twitter feed. Again, no change to the base case > healthy correction on the usd with a bit of firming, bonds continue to stay heavy and equities slowly come into center stage with a healthy retracement as Crude fights for the next move at that key weekly level that if lost, could start and ugly unwind of stretched longs. In terms on single stock names, all eyes on Apple and Boeing.
Remember that recent moves across the board have had a very good run. It’s never a good idea to stubbornly fight flows and especially not into the end of the month if they get some sustained traction.
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.