How many fed speakers does it take to screw in a lightbulb?
We saw a bullish gap and go along with a positive yield on Japanese 10 year before a mini melt. The remainder of this week we have a flurry of fed speak. So I say this shall be a gap down before melting back up. I'm positioned in BA CSX and Ma. Other positioning 3 long kre 2 short xlf. Still in a very safe vix contango but cash buyers are finally beginning to materialize. if jgb auction flips back to negative yeild expect a monster rally