On the screws it was, although definitely not an unch 0.0% day. CL has been the canary in the coalmine for days now. And of course $BKX.
Told ya, the market is way overvalued, expecting the Fed to even lower rates this year. I gave no idea what rational there could possibly be to be long this market. I rather risk missing out than getting caught when the mega bubble bursts.
I have short equity exposure for a long time now, am still long rates out to 2 years, and am still long dollar, which hurt a little in the past few weeks. I don't worry about single econ event risk. I am after large fundamental shifts in macro land.
Well at least I put my money where my mouth is. Glad I did. The market should bounce back a bit tomorrow.
Yes I am glad I took action instead of sitting on the sideline with all talks. That's why I became a trader and not an analyst. LOL Life is one big gamble otherwise you might as well be dead, a big fat zero. Being zero is perfect; never wrong, never have any losses but never have anything. LOL
Today's canary in the coalmine is AAPL set to release earnings after the close and it didn't have a good day yesterday opening near the high closing near the low. It could be what makes or breaks, on top of The Fed, current past month or so uptrend.