Giants with feet of clay

Kitco Media
By Monica Kingsley
Published:
Updated:
Kitco Commentaries
Opinions, Ideas and Markets Talk

Featuring views and opinions written by market professionals, not staff journalists.

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Year end bump predictably didn‘t last, and all clients reaped tremendous profits on the S&P 500 (and Nasdaq) slide I called – measured in hundreds of points. What allowed me to field such a high conviction call? As per yesterday‘s video, it was breadth and leaderless S&P 500 – XLE and defensives incl. XLRE don‘t count for me, and then we have more (mega)stocks to pay attention to – TSLA, AAPL and PLTR were my picks to win the index bears over yesterday..

And what did I bring up in today‘s quick premarket video to whet your appetite? Let‘s delve into what rising USD means for stocks, gold, silver, oil and copper – starting with the dollar chart.

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Keep enjoying the lively Twitter feed with my tab open at all times (notifications on aren't enough) – combine with subscribing to extras on my almost daily Youtube channel (turn notifications on) and of course Telegram that always delivers my extra calls (head off to Twitter to talk to me there) – but getting the key daily analytics right into your mailbox is the bedrock.

So, make sure you‘re signed up for the free newsletter and make use of Twitter, Telegram and Youtube - benefit and find out why I'm for years the most blocked market analyst and trader on Twitter

Let‘s mve right into the charts (all courtesy of www.stockcharts.com) – today‘s full scale article contains 3 more of them, with commentaries.

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Thank you for having read today‘s free analysis, which is a small part of my site‘s daily premium Monica's Trading Signals covering all the markets you're used to (stocks, bonds, gold, silver, miners, oil, copper, cryptos), and of the daily premium Monica's Stock Signals presenting stocks and bonds only. Both publications feature real-time trade calls and intraday updates.  Forget not the lively intraday Telegram channels for indices, stocks, gold and oil - here is how you can join any advantageous combination of these.

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Turn notifications on, and have my Twitter profile (tweets only) opened in a fresh tab so as not to miss a thing – such as extra intraday opportunities. Thanks for all your support that makes this great ride possible!

Thank you,

Kitco Media

Monica Kingsley

Monica Kingsley is a trader and financial analyst serving countless investors and traders since Feb 2020. Trade calls and writing are her cup of tea as much as a unique combination of macro, intermarket and technicals applied with in-depth experience. Having been at the markets when Great Recession arrived, she experienced many bull and bear markets - be it in stocks, bonds, precious metals or oil.
Check her out at https://www.monicakingsley.co

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Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.