Podcasts Business Thoughts And Trading with Trade Doc Eye on the Market: Bounce into consolidation. Out of DWT into UWT. EWZ and INDA test highs. EWW, FXI, RSX and EEM gets spotlight.

Eye on the Market: Bounce into consolidation. Out of DWT into UWT. EWZ and INDA test highs. EWW, FXI, RSX and EEM gets spotlight.

Published: June 1, 2019, 1:47 p.m.

Welcome all

\n

Pat yourself on the back for not buying (/CL) oil above $60. 

\n

Opened up position in UWT because the sell off was severe. We aren't running on hydrogen yet, LOL.

\n

Profits in EWZ and INDA. Sold shares but holding contracts.

\n

XLP looking strong along with the other markets looking for a dip.

\n

Most likely see bonces in the emerging markets and outside the US before the US markets recover.

\n

Diversify but you can diversify well enough just trading the US stocks and ETFs.

\n

Good luck this week.