- It’s a status quo market
- People are very complacent with equities, bonds, while consensus directional trading with currencies
- My commodity short trades are working well still
- Look at what happened to the crypto market recently and it’s proof of complacency
- A few good charts today including the Euro spot with a DeMark sell Countdown 13
- A conspiracy theory with Tesla options
- A spooky chart of forward returns when the S&P real yield turns negative
- I’m on Real Vision Daily Briefing today at 4 pm ET
- It’s free on You Tube
- And as a reminder, I’m taking off Friday to go see my daughter in Charleston and will not be publishing notes