While we couldn't be happier that U.S. stocks got destroyed this quarter, let's not forget about all of the other markets out there. US Treasury Bonds have had a very nice rally during this stock market correction, which is another move we're ecstatic about. And Gold and Silver have started to make moves to the upside as well, which is something we haven't seen in what feels like forever.

But today, it's the US Dollar that I think stands out and the recent move lower could just be the beginning. 

This weekend I was down in beautiful San Diego for the 3rd annual Trade Ideas Conference. For me, it's not just about the presentation that I give or the panel that I sit on, but the people that I get to meet or see again. That's the great part about our community: everyone's ability to share and learn and recognize that we're all in this together. As we approach the market with our own individual goals and objectives in mind, along the way we pick things up from others that help us adjust and fine tune our strategies regularly over time. My friends at Trade Ideas put on a good show, but it was the engaged audience and interactions with my fellow speakers that really made the weekend great.

Here is the video of my presentation. Shoot us an email to info@allstarcharts.com if you're interested in receiving the slides:

We're always focused on positioning. Stocks don't go up because of some article written by a 26 year old journalist who has never made a trade in her life. Stocks move based on positioning from institutions. When the market is caught leaning the wrong way, the unwind can create spectacular moves. This is the key to the market: positioning, not the noisy media.

As many of you know, every single day I look for risk vs reward opportunities that are skewed in our favor. We're not here to be right, we're only here to make money. There is a big difference between the two. In other words, we don't care if we get it wrong. We just want to make sure that when we are right, that we're really really right. Isolating asymmetric risk vs reward opportunities is how we do that, and I believe we do it very well.

I really don't think this market is ready for the US Dollar to collapse. We've had a monster rally in the Greenback all year and emerging markets and precious metals have felt the pain. I believe that's about to change dramatically.