- Market bounce this week looks dubious
- Commodities remain the place to seek opportunities
- Palm oil producers riding rising CPO price
This article will be my final bi-weekly article. From now on, I’ll be writing a monthly column. This is because it’s getting harder to find quality trades. I have no wish to publish sub-quality content – many of the trades featured in this column have been profitable (although you can’t win every one) – and I’d like to write about my best ideas only. I’ll be in the first issue of every month. I do send a weekly email on trading tactics for subscribers to my website.
This week has proven eventful already. On Tuesday we saw huge sector rotation; commodity stocks such as Anglo American (AAL) and Glencore (GLEN) were down heavily, with the travel basket stocks such as airlines rising sharply. It has all the scent of a risk-on market.