A.M. Look 2/11/20

AUD/NZD signaled Risk On yesterday.

The Index targets are on the sheets, and have been for months.

Spoo/Bond is back higher on the year.

Spoo..pit gap @ 3353.
50X3…shows all new weakness under 3332 would be needed to turn the ship.

Not a good idea to play for that!

Nasd 100 pit gap @ 9527.50.

Interesting tidbit on Bloomberg this A.M.

One writer is just waking up to the fact that the entire board has been one big carry trade; borrowing in Euro and purchasing U.S. positive yielding assets.

The flavor of the day is seen in the Risk spreads

This entry was posted in Archive and tagged , , , . Bookmark the permalink.