John Carter Premium Futures Update, Monday June 30

John Carter gives a premium futures update and tells investors which markets to look out for in the coming short week. Coming into a long weekend, Carter says that he expects slow choppy upward movement in most markets. The NASDAQ and S&P are heading higher, and the Russell fired a weekly squeeze and is trying to catch up. The Dow closed below the DMA. Bond markets are shooting higher with the market, so Carter suggests going long on both bonds and stocks. No hedging is necessary because if the market goes down, bonds will go even higher. The Yen is going up after firing a long squeeze; Carter suggests leaving the Yen untouched. Carter's favorite market is gold, urging investors to go long. He would buy oil at a 104 pullback and live cattle at a pullback. Grains are higher for the long side, and Carter says the short side for grains is uncertain. Wheat is stabilizing and corn would be a good buy for the long run because it is low right now.