Hello Everyone, I hope you enjoyed our day off from the markets.  I wasn't going to put out a newsletter, but decided to do a brief one

Here's a link to Tonight's Newsletter.

Note: Index futures contracts rolled over: ESM25 to ESU25 Sept Contract

I hope everyone is enjoying the day off from the markets.  This is a quick update on the markets. The market futures were down substantially overnight and earlier today, however recovered after the futures market opened back up at 6 pm EST after Trump extended Iran's Surrender for 2 weeks. 

Also - the CPCE spiked way outside its upper BB's on Wednesday, which generally occurs near market lows, see the first chart

We'll take a quick look at the major indexes, indicators like the VIX, Bonds, commodities, precious metals, and a few stock trade ideas we've had.

Macro Long Term Ideas:  Platinum, Palladium, World Markets, Precious Metals

My bullish call on Platinum almost 2 months ago has played out in a big with with Platinum up 30% to 35% since I first pounded the table on how bullish I was on Platinum in the short-term and the long-term. Short-term it is getting extended, however this is a long term play, not a trade, pullbacks/consolidations are buying opportunities.

have a great night!

Matt