Everyone has an opinion about rates.

The only thing that matters is price today. Bulls will want to see an algo driven sell off to nowhere.

Bears, just the opposite.

It will be a late day game.

Meanwhile I bought the SOXL against the 200 DMA matching a few other big names because it’s a level to manage risk and a high probability bounce level.

I do not rule out another test of the level today.

We’ve been talking about the Insurance companies and Banks for a while.

You need only look at BRKA, higher on the year, to see the rotation.