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Virtually all week, we saw a surge in bonds – the classic signal of a “flight to safety” and a warning that all hell’s about to break loose in stocks. We saw the entire market fixate on tech and its stellar earnings – tech is the market right now. Jobs numbers sparked an explosion in the dollar. If that all sounds chaotic… well… it is. It’s completely manic.
But there’s no need to worry, we’ve got the charts and the chops to get through it. Our predicted expected move in the S&P 500 came in right on the money last week, so we can be confident we’re positioned correctly for the “yikes” moment that seems to be coming. Let’s dive in…
