As far as adding to or establishing some new shorts, one of the things that had me stumped earlier and is now changing and lending more confidence to fade this move up both o a short term and a longer term basis is the fact that credit is disconnecting from the SPX... Both HYG and Junk
High Yield Corporate finally disconnects from the SPX and on volume
Is interest rates about to start going up?
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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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