Another Cruise Liner Travesty
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FEEDAs if there wasn’t enough to dislike about these things……….
2022-05-19
Double Bottom on ES
These are the gut-check times because if there's to be a geyser in VIX, there have to be a lot of trapped bulls who throw in the towel. To get there, there has to be enough doubt among bears too.
There is a spike in junk bonds, but HYG has a gap at $76.44...
The euro is rallying.
Treasuries are rallying, but that doesn't tell me anything because I expect bonds will rally alongside a sell-off in stocks, as happened yesterday.
Is this bullish?
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