Optionsellers.com

James Cordier Update November 9, 2015

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Good afternoon. This is James Cordier of OptionSellers.com with a market update for November 9th. My goodness it’s almost Thanksgiving; just a couple of weeks away. Where did the year go? I think everyone says that and I’m saying that as well. Last time we chatted, we were talking about precious metals and non-precious metals. They were involved with a rally. The market was pushing up higher. Gold and silver actually reached levels that would have put them net positive for the year of 2015. We speculated that the rally was short lived, and as a matter of fact, it turns out that it was. It seems as though ever time commodities rally just a little bit, high frequency trading, which takes place in stocks and commodities as well, seem to want to push the market higher. What continues to happen is the fundaments simply aren’t quite there yet. Many investors are looking at the idea that both Asia and Europe will start catching up to the United States, and demand for raw products will start to increase. I think