•Junk debt may have already bottomed. This would be good for stocks – JNK
•Within technology sector, there is pronounced weakness in semis – XLK, XSD, SMH
•Defensive Utilities and Consumer Staple stocks lead the rally.
•Financial shares follow the bond yield lower
•Combination of these factors paints a cautionary picture. – XLU, XLP, XLF, TLT, TYX
•Yield curve shows stronger inversion. Complete inversion usually precedes a bear market for stocks
•Dollar index approaches new highs – DXY, UUP
•Crypto review. Congratulations to subscribers! Bitcoin, Litecoin, Etherium all experience 40+ percent moves in our favor! BTCUSD, LTCUSD, ETHUSD
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