IIFT Daily Note with Peter Brown

Rosy in the Garden

Posted by:  |  Time: 7:14 am  |  Topic:
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Well we switched from risk off early yesterday to everythings suddenly fixed this morning. Don’t believe it. We may get a rally from here but the fundamentals have not changed. The volitility is massive, moves on the S&P and Gold that would normally take months to achieve.

Very dangerous markets, this morning we look set to go higher but the mood could change instantly. Small positions and stops. P&L swings will be big, but you only need to catch one of these big moves to succeed.

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