Barometer Readings Webcasts
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Very resilient in the face of a strong dollar.
#commodities $DXY
With growth outlook strong and inflation sticky, hedging portfolios for risk should probably be more focused using $GOLD as opposed to defensives, bond proxies or fixed income
$XLU
A relationship worth watching...
$GOLD vs. Equal Weight SPX $RSP
As breadth has continued to weaken, stops have been getting hit since mid December.
We continue to avoid adding new positions.
Long duration assets are being hurt by rising bond yields.
% above the 50 day is likely to reverse back lower today.
