Let’s get to the point: what’s happening is totally unprecedented… the market has gone up or down more than 4% for seven consecutive days. That’s a new record. The previous record was 1929. There are a whole number of stats like this that are unprecedented. Below are stats of this week… craziest moves we’ve ever seen.

Here are our thoughts

– The German Index (DAX) is down some 45%,
– We think that deploying one-third of liquid investable cash now would be wise,
– We think that we are nearing the low,
– We like S&P500 ETFs, European ETFs, Gold Miners, some Silver and Oil services and Oil drillers.

Below are some charts for instruments we are buying.

S&P500

We are buying the SPY ETF listed on NYSE.

Energy Select Sector SPDR Fund

iShares Silver Trust

VanEck Vectors Oil Services ETF

VanEck Vectors Gold Miners ETF

*Please note that these trade ideas form part of a larger weekly plan and the value of financial products can increase as well as decrease over time, depending on the value of the underlying securities and market conditions. The risk of loss arising from trading in Contracts for Difference can be substantial. You should carefully consider whether such investments are suitable for you in the light of your circumstances and financial resources.