Week Ahead: Labor Market Data, ISMs, FOMC Minutes

Data and Goldilocks

Happy New Year!

Let’s get right to work!

• I did a video synthesizing my views and the positions I am holding: Link

• The macro webinar is on Thursday so be sure to sign up: Link

• I will be publishing the macro report BEFORE the macro webinar so that you will have time to read it and think of any questions. The macro webinar is the time when you can ask ANYTHING.

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Positions:

Nothing has changed, I am still holding all the positions that I noted here: Link

Some Points:

• All of the positions are in the money (this is rare!). I would not be surprised to see one or two retrace back to my entry. In this case, I might take it off at breakeven in order to protect capital. However, this will depend on the signals for the Goldilock regime. Again, manage your own risk and nothing I say is investment advice!

• Goldilocks continues to be the dominant regime. I stated very clearly that risk assets are going to rally. I said you want to be long crypto and BTC has since moved up to make a higher high.

• CL is in the money but I am watching to see if it remains above Friday’s low. I am still bullish.

• NG is in the money as well.

• ES is in the money as well:

There are several key things you need to keep in mind for this week: