- The Goldman Sachs "Stay at Home" and "Reopening" baskets are moving in opposite directions
- And not in the direction you would expect since the adoption of vaccines are helping countries and cities reopen
- The big question is will the COVID "Delta" variant cause another panic
- I certainly hope not but we're seeing some countries ban flights from various countries
- Equity bullish sentiment remains extreme at 85% and the number of DeMark exhaustion signals is increasing within the Nasdaq indexes
- Take some long exposure off