It’s mid week and you know the game.

Risk spreads are
frothy.

Dow looks to be the one to pick on. Gold and Bitcoin are both stretched.

Today is not the day to buy, but rather to trim some.

To me the board revolves around the 30 Yr. Bonds which printed the 50% of life of contract yesterday.

A level like that is a free out for directional traders. Now I have to see if it can bounce to anywhere.
price rules.

Attached is yesterday’s FRA podcast…Thanks Richard!!

https://youtu.be/BJIL86Fwhp8

Wednesday: ADP employment data. Earnings expected from Allstate, MetLife, Eli Lilly, Chubb, Caterpillar, Humana, AbbVie, ADP, Garmin, Kraft Heinz, GlaxoSmithKline, GE HealthCare, Microsoft, Meta, Coinbase, Robinhood, Etsy, Carvana, Roku, Starbucks, eBay, MGM, DoorDash, andAmgen