No doubt this is a flat out bull market. But all bull markets have set backs, so we need to keep that in mind.
What are the best ways to trade this market:
- If you're a momentum/technical trader, you may be loving the action right now in the strongest performers. At the risk of sounding like your mother - have fun, but be careful! The volatility is really nuts right now, and that means prices can go down as well as up.
- If you're a longer term, fundamental trader (as I am) - take a look at the stuff that is still low, but starting to move up. I look at sugar, coffee, and cotton as great bargains right now.