Midday Missive

Midday Missive
Judd, here is your Midday Missive. 

One big defensive rotation.

Names like PSA, MO. XLU & XLP have been bought against tech.

Spu’s are being bought against Russell

Silver & Gold rallied with the Bonds…I don’t believe in the direction and am shying away.

Commodity currencies have been bid against the Euro.

A lot of money will be lost today trying to make something happen.

The calendar will now work against the Bulls.

 

 

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