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Let the Market Tell you Where it is Going | Dan Gramza
Dan Gramza explains how he likes to follow capital flows to determine his next trade. Gramza was not keen to jump back into stocks after the mid-February sell-off, preferring to sit back and determine if the initial rebound from that market sell-off was simply short covering or bulls entering the market. His patience was rewarded as additional and substantial selling followed. His advice was to let the market go where it needed to before choosing to get back in or where the money would flow. He correctly avoided energy and provides an outlook into what currencies are doing and can be expected to do in the near future.
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