Just a week ago, equities looked like death.
And then, something happened.
Actually, many things.
There was some central bank voodoo, but the more important Monday news was the Fed possibly going back to the MBS market.
And on Wednesday, a conflagration of bullish news came through as the Central Banks decided to throw more money into the pit.
I guess a Martingale betting system works when you can create money.
In this episode of IWO Brunch, we discuss
- Why timeframe matters when considering overbought
- A further discussion of the divergence in $FXE and $SPY
- The rationale behind the bid in $USO
- What is keeping $TLT elevated
- Your individual requests