I mentioned in my last market post how Monday AM looked lame until Ben spoke. Well, on Tuesday, it looked lame again. Stocks were leaking by day’s end and bonds were strong.
My thoughts though are better summed up by this post on ZeroHedge:
Vix Pops as Equity Rally Stops
Read that for a good synopsis of what I noticed today.
Oh and like past rallies, the hot stocks are the last ones to know there’s a coming correction…
Looking Lame Again
I mentioned in my last market post how Monday AM looked lame until Ben spoke. Well, on Tuesday, it looked lame again. Stocks were leaking by day’s end and bonds were strong.
My thoughts though are better summed up by this post on ZeroHedge:
Vix Pops as Equity Rally Stops
Read that for a good synopsis of what I noticed today.
Oh and like past rallies, the hot stocks are the last ones to know there’s a coming correction…
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Chris Grande