VIX kissed the trendline...as expected. Now I am waiting for the reversal - should be quit a show.
The corporate bonds chart below needs no lables...Clearly the market rally is diverging with the smart money in bonds...we need to watch these bonds early next week.
My scenario seems to be coming together nicely...Dow pushed out a minor high extension and maybe we can get a little more from the SPX...but otherwise the market is most likely nearly done.
Final Look at Local Housing Markets in June and a Look Ahead to July Sales
-
Today, in the Calculated Risk Real Estate Newsletter: Final Look at Local
Housing Markets in June and a Look Ahead to July Sales
A brief excerpt:
After t...
59 minutes ago