Midday Missive

Mid-Week shuffle..

Risk assets have held and i think it unwise to sell a quiet Equity market.

Still looking for higher U.S. Index prices.

​The later it gets in the day the more likely the shorts will get squeezed!

I’m working on a piece tonight about rollover and deciding which map is the correct one to follow​. The focus will be the 30 yr. Bonds since Sept is now lead contract by volume.

GOOGL was a key driver in this Nasdaq rally. It’s now in an area where it needs to congest for another signal.

The stock rotation isn’t easy.

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