At 11;24 ET market weak. LQD very strong. This is the way it is supposed to be. Even on a macro long-term view (according to busines cycle patterns-- lead lag indicators for those who read my book now even in Mandarin). This is also a "fundamental"pattern.If the pattern continues for several weeks, possibly months, then ...
- Continued weakness in stocks leads a slowdown in econommic actvity.
- A slowdown in economic activity leads to a decline in interest rates and commodities.
Editor, The Peter Dag Portfolio. Since 1977
Ranked second best gold timer by Timer Digest
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