Is the Market at a Crossroad?
Headwinds continue to accumulate:
--Holding on the edge of Expected Move
--Dollar breaks out
--Bonds are breaking apart (data dependent)
--Forget yield curve inversion, rates are soaring!
--Lack of correlation
--Playing the sector rotation game
Position Updates:
--Selling premium
--Long Dollar
--XLU
--SLV
SPX Expected Move
--last week-- 74.83 (expected move)
--next week-- 76.70 (expected move)
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