Let Me Explain What's Happening Right Now

Everyone in the world is now an expert on trade policy. Here's what to do now... As always I urge calm.

Factors: I’ll Keep This Very Simple:

Momentum: Red across the board. It’s been negative since last Wednesday but continuing the negative trend since it went red on February 21.

Liquidity: The dollar is weakening, but money flows into the 10-year. Duration ETFs are doing better today, including the IEF. That said, money is flowing out.

Insiders: Selling is still outpacing buying, and insiders aren’t touching stocks in this environment. It will take a big policy change to reignite confidence and spur buying.