We've been mostly cash when it comes to #stocks. Been defensive as we have #GOLD #SILVER #BCH #BTC (#crypto #altcoins in personal) some VIX & some bigger VALUE names, added some more today AMGNVZ as examples. We've reduced the exposure as the direction seems south but anything can happen.
FEAR is the word. #Dollar ripping again & bond buying. DXY looks good & bounced off of support.
Look @ yields CRATERING again. 1Yr & 2Yr #yields COLLAPSING! 10Yr HOLDING MAJOR SUPPORT & back at level it was 2 days ago. We noticed something some time ago & will post soon.
VIX is trading in a new range now & closing in on the TOP part of range. 2 things can happen here. Either we rip through, likely causing a COLLAPSE in #stockmarket OR IT pulls back to the 23ish range and keep in this new range & fear eventually subsides.