Time to Take Your Precious Metal and Energy Profits Off the Table

[video_player type=”embed” style=”1″ dimensions=”640×360″ width=”640″ height=”360″ align=”center” margin_top=”0″ margin_bottom=”20″ ipad_color=”black”]PGlmcmFtZSB3aWR0aD0iNjQwIiBoZWlnaHQ9IjM2MCIgc3JjPSJodHRwczovL3d3dy55b3V0dWJlLW5vY29va2llLmNvbS9lbWJlZC90NDJlSWI3d0t3MD9zaT0tZEF3aUdoRmtzNVpkZlYxIiB0aXRsZT0iWW91VHViZSB2aWRlbyBwbGF5ZXIiIGZyYW1lYm9yZGVyPSIwIiBhbGxvdz0iYWNjZWxlcm9tZXRlcjsgYXV0b3BsYXk7IGNsaXBib2FyZC13cml0ZTsgZW5jcnlwdGVkLW1lZGlhOyBneXJvc2NvcGU7IHBpY3R1cmUtaW4tcGljdHVyZTsgd2ViLXNoYXJlIiByZWZlcnJlcnBvbGljeT0ic3RyaWN0LW9yaWdpbi13aGVuLWNyb3NzLW9yaWdpbiIgYWxsb3dmdWxsc2NyZWVuPSIiPjwvaWZyYW1lPg==[/video_player]

Energy stocks have been on a tear recently. Gold, silver, and other metal shares have had an impressive run, too. Their rise has been particularly impressive because the rally has defied the long odds imposed by rising bond yields. But that’s all in some doubt now.

These markets find themselves in a fairly precarious position thanks to a collapsing dollar. If that fall continues, it’ll lead to higher prices. Besides, the price action of energy and metals shares looks mighty extended right now. The government is teeing up some key inflation data for release this week, and if traders don’t like what they see, these bellwether commodities could start falling fast. So, time to take profits – here’s what to do…

More from TheoTrade

Why The Fed Raises Rates Wednesday

Most Of What’s Green Today Is Garbage

Why I Scrapped This 36-Cent Spread

Stories Are For Children Not For Traders

Why Algorithms Squeeze Every Early Short

Why the Crash Calls Are Weeks Too Late


Most Recent

Why The Fed Raises Rates Wednesday
Most Of What’s Green Today Is Garbage
Why I Scrapped This 36-Cent Spread
Stories Are For Children Not For Traders
Why Algorithms Squeeze Every Early Short

Get educational market insights sent right to your inbox.

As Seen In