--SPUZ holding on by a thread...
--Strong dollar is keeping metals down
--Bond Rally?
--1) deflationary
--2) or a hedge for traders anticipating more risk
--volatility issues still prevalent
--low VVIX, SKEW, vol futures not in backwardation
--lowering guidance or warning GM, MU, RH, META, NFLX, COIN
--significant headwinds shall prevail in second half
SPX Expected Move --
--last week -- 112.64 (expected move)
--next week-- 93.99 (expected move 4 day week)

1 Comment
IndyJeff
July 3, 2022You left out a third possibility for the bond rally: short covering