SeeTheLight

Friday Outlook: Commodities, Global Markets

The Aussie Central Bank raised rates, but that wasn't seen as an end to easy money but a sign of recovery. Everything gets spun these days.

It's pretty clear that this an easy money rally with trading desks leading the charge. Unfortunately for even the most astute retail investors, the first major signals that the easy money is coming off the table likely won't be as visible as an interest rate increase, likely it will be something more subtle like the Fed cutting back on some its under the cover lending programs. And of course it will be lost in the endless spin jobs being spewed out by the MSM.

This is why this rally is so dangerous. It's too profitable to be sitting on the sidelines but at some point someone is going to inform all the trading desks that one of these "buying opportunity" dips is really a feint and then back half of the "W" will begin. Trade carefully and make sure you have a reserve of cash or have some downside protection.

Good Luck all.