Serious deterioration continues, if not accelerating, especially in the SPY and it looks like Financials may be the reason. I'm sticking with the IWM calls for now, but there has been deterioration there too.
I believe the number of F_E_D comments has shocked the market in to realizing rates will rise much sooner and faster than expected.
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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