Current Open Positions:
Closed Positions this week:
– SLV + .001%
– Reason for Exit: Hit revised Stop Loss on overall commodity weakness early in the week.
Important Note for early next week:
We will most likely be on the sidelines and staying in cash until the FOMC meeting concludes on Wednesday 3/16/22. The chair has signaled that the Fed is going to raise the federal funds rate by a quarter point but the events in the Ukraine could cause a surprise that is not anticipated.
It is prudent to stay in cash until the volatility associated with this meeting subsides