tech hits the wall and will start go lower. retailers are doomed. auto and transportation will get hit hard. yields likely to be trapped until economic picture clears. nfp probably show more job losses because the government workers don’t have lot of marketable skills, maybe driving uber not even kind enough to wait tables. anyway, add more cl to cost averaging down a bit.
10:00 AM today: 35.75 ES points in 11 seconds. I plot a 9 point zig zag on my faster charts. Yesterday and today the market's in insane mode. There's literally 10-20 points every 5 minutes. Glad to see you guys are killing it.
Yes, hard to see what will prevail: fear of higher inflation (higher yields) or flight to safety (higher prices).