- Some interesting charts on today’s note to look at including:
- Wednesday sentiment overview
- Some signs of inflation cooling
- Internals that are divergent from price action
- The Real Estate sector back to pre-Covid levels yet business is hardly back to those levels – adding IYR as a new short idea
- Bonds are bid with rates continue to drip lower
- The potential first sign of the US Dollar starting to rise
- Some caution with gold and the miners – adding some put spreads and put with the miners
- I will be off the desk for the rest of the day as I have to take care of a friend as explained on the note