I think the market is unloading everything right now.
Probably will begin to allocate for a new reality, if Trump wins in Iowa.
Trump will be (strongly) repatriating a lot of American manufacturing.
Big time. However we have as a country sold our entire manufacturing base to China. All our manufacturing base. Pretty much.
I think we are in the calm before a (huge) re-allocation.
Just my .02.
Probably another month, then all heck will break out to the upside for a lot of things.
However the bunch of companies based on buying ever more Chinese manufacturing good may be slammed. Bigtime.
Maybe. But that is how I interpret things right now.
I think gold is starting a (large) bull run, right from here.
That is just a guess though.