Britain Leaves The EU – Markets Stunned!… 06/24/2016

Britain Leaves The EU – Markets Stunned!… 06/24/2016

Overnight, Britain voted to leave and shocked markets! Risk-on Markets (stocks) are plunging and risk-off markets are surging (gold)! The British Pound is also crashing as the world now has to digest the brexit vote. Thankfully, we have navigated this market very well for you and our cautious stance is  rewarded. Clearly, today is a…

FLS Update: Shorts Run For The Hills Ahead of Brexit Vote… 06/23/2016

FLS Update: Shorts Run For The Hills Ahead of Brexit Vote… 06/23/2016

Market Update: Stocks rallied sharply today as the short sellers ran for the hills as the latest polls show the “remain” camp with a slight lead in the Brexit drama. We are back in the the awkward guess the gap environment. The reality is no one knows where markets are going to gap from one day…

FLS Update: Yellen, Schmellen – Stocks Continue To Rally… 06/21/2016

FLS Update: Yellen, Schmellen – Stocks Continue To Rally… 06/21/2016

Market Update: The title of last Thursday’s update was, “Time For An Oversold Bounce.” So far, the market continues to edge higher as we head into the end of month and end of quarter. The market rallied this morning when Yellen started talking then it drifted a bit lower before Mr. Draghi, her European counter…