$BTC U.S. Treasury yields have hit a new high, which could drive funds into Treasuries. This happened during both the dot-com bubble in 2000 and the financial crisis of 2007–2009, when Treasury yields surged.
I took a look at several of the major markets, and they’re all seeing sustained outflows of institutional funds—sharp, cliff-like outflows.
I’ve already freed up half of the available funds in the trading account. Although $QQQ has continued to hit new highs, the S&P 500 peaked three months after the yield curve inverted in 6 of the 10 inversions since 1956.
Given the current market conditions, the major markets are too volatile. It’s certainly difficult to short them, but going long isn’t a good idea either.
Keep an eye on tomorrow night’s meeting, preserve plenty of firepower, and be ready to change direction at any time.
$CL Finally, I’m bullish on crude oil, but I’m not going long. At this price, going long carries significant risk. Many countries and industries can’t withstand high oil prices.
I took a look at several of the major markets, and they’re all seeing sustained outflows of institutional funds—sharp, cliff-like outflows.
I’ve already freed up half of the available funds in the trading account. Although $QQQ has continued to hit new highs, the S&P 500 peaked three months after the yield curve inverted in 6 of the 10 inversions since 1956.
Given the current market conditions, the major markets are too volatile. It’s certainly difficult to short them, but going long isn’t a good idea either.
Keep an eye on tomorrow night’s meeting, preserve plenty of firepower, and be ready to change direction at any time.
$CL Finally, I’m bullish on crude oil, but I’m not going long. At this price, going long carries significant risk. Many countries and industries can’t withstand high oil prices.