I am fascinated by this pattern. I know you know. I am fascinated because there is money to be made with low risk.The market is soaring this morning. LQD is very weak. But JNK is up more than 1% with a 8.8% dividend/interest.
It looks like the market is trying to find a bottom (see also the post below about the market is oversold written last night). But there is too much noise around the world.
George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
Ranked second best gold timer by Timer Digest
To find out more about my in depth views of the markets and my strategy just visit our website https://www.peterdag.com/ where you can subscribe to The Peter Dag Portfolio. You can also call me at 1-800-833-2782 to discuss your specific investment portfolio.
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