High Yield Corporate is making a new lower low, Junk still looks bad and HY looks bad, HY Corp though really looks the worst. Commodities are falling apart as well.
Here's a quick look at a few and a look using CONTEXT...
Commodity downside is picking up more momentum
As is HY Corp. Credit
And CONTEXT is at new differential lows of -14.
I'm really looking for a decent swing in AAPL to let go of the $505 Feb Calls and I'll likely keep the $520's open.
I'm also looking closely at AMD.
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
No comments:
Post a Comment