Trades

Sold 5% DIG @ $24.89, -7%

Time to run from oil. I'm actually going short. See below.

Buy 5% FXP @ $12.80.

The global economy is still sick as a dog. The market is starting to get fearful again. Deflation is rearing its ugly head. And with China's exports down 25% from last year, they have their own troubles. Also, the domestic economy is not growing enough to cover export losses, as shown by Australian coal exports.

Buy 5% DUG @ $19.90.

Today's drop on the unemployment report may signal the return of fear in the markets. If it does, I ride the bad news. If it doesn't, I'll have to dance.