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So we got a nice bump for the week, for the most part, as the market gets more and more comfortable with the new administration.
I can’t say it’s all good, though. I’d be doing you a disservice if I didn’t point out that there are a few reasons not to get too comfortable here.
I’m not trying to freak you out; I’m not trying for perma-bear cred. You know me. If the trend’s bearish, I don’t cry about it – I just trade it.
But the fact is that the big, professional traders out there are hedging. They’re hedging heavily. We’ll be able to track that with my charts here in a second.
But these guys only do that because they think there’s considerable risk out there. We’ll look at what they’re looking at and then run through some ways we can prepare so we don’t get caught out.
Let’s go…
