I'll post the charts later, but I'm satisfied with the moves in HYG (a typical lever for the SPY), High Yield Credit, in non-market correlated risk assets (for sentiment) such as HIO and FCT, also all of the FX/ currencies I looked at were in line with a move higher, the Euro, the $USD, the Yen and the $AUD. Additionally I like the sector relative performance of Financials, the momentum laden Basic Materials sector, Industrials and Discretionary. Also the underlying trade of TLT and VXX (also the price movement) as well as the underlying trade of UVXY and XIV (TLT and VXX are also typical SPY levers used to move the index up in short term manipulation).
I'll post these later.
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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