Republic Risk: The Bond Issuance Explosion
The Treasury Department's drunken shenanigans are astounding. It's obvious to anyone who isn't trying to protect their jobs in Washington
RED on the S&P 500 and RED on the Russell 2000
Each morning, we assess the total flows of the market by measuring statistical metrics on a very specific number of stocks to determine broader sentiment and the momentum trend. When these readings turn red, we focus on cash, trade positive sectors, or take inverse positions against indices.
We’ve seen some improvement across the S&P 500 in the last two days after very little buying strength last week. We’ll look for the markets to flutter into the 2 p.m. period, but expect a sharp reaction as always, around 2:35 p.m. to 2:37 p.m. when Federal Reserve Chairman Jerome Powell speaks.
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