A Bullish Trade In Commodities
Chris Vermeulen, Founder of The Technical Traders joins me to focus on a couple of commodities sectors. We start off with oil and a level that Chris is watching closely to buy. Then we look at the precious metals.
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We continue to see money flow into the safe-haven assets like the Utility sector, bonds, and most importantly precious metals. I anticipated this and our XLU utilities ETF taken with members for 4.4% already, and our VIX ETF trade we closed for a 25% last week.
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Chris Vermeulen