They are pulling out ALL of the stops, this should tell you something about the condition of this market.
Other than the currencies I already told you about, look at the few assets I found just in the last minute since the last post...
Even though HYG is having trouble holding on to breakeven on the day, the last few minutes there's an effort to lift it.
The same is going on in AAPL
And even with accumulation of TLT moving lower, at the same time as they tried to move HYG, they try to move TLT down (HYG up/ TLT and VXX down is market supportive)
And VXX is seeing accumulation as well, but the exact same time they're trying to move that to influence the Arbitrage.
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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