James "Rev Shark" DePorre
Recent Articles By The Author
The reconstitution of the Russell indices is often the highest volume day of the year.
The important thing to remember on days like this is to not read too much into the action.
Focus on navigating an uptrend rather than predicting a top.
If this latest market move celebrating the Fed's dovishness is a sustained uptrend, then there will be underlying support fairly fast.
A dovish Fed will weaken the dollar, which will weaken gold, and vice versa.