Expect some pressure on equities from USD and commodities into the week. Everyone is watching the action in both China and Bitcoin as risk-on appetite. Artificial intelligence will make important strides this year. Google is scared to unveil their Deepmind ‘Sparrow’ AI (it is too strong).
Gold and metals will continue to rally
BHP is still strong (friendly miners)
Watch Google and Microsoft for AI news.
The dollar topped in our email on Oct 2nd.
Use large draw-downs as opportunities (>-10%)
Trading one asset class is trading blind.
China vs US
No clear direction here yet.
BHP: Stock was at $59.
Bitcoin rallying hard.
Equal-weighted S&P is not a bad place to be.
Energy % weighting in the S&P will continue to increase.
The dollar topped in our email on Oct 2nd.
For The Nerds
Return always wants its risk payment. NOT INVESTMENT ADVICE.