DaBears1

Breakout or Bottom-out - Sell the news

Short
TVC:SPX   S&P 500 Index
10 yr. T-Bill auction tomorrow may determine - Up or Down. If it's anything like last month's 7 yr. auction then it'll be $Hit Show. Auction closes at 11 AM for the non-competitive auction and 11:30 AM (Eastern) for the competitive auction. Look for the signal and make your picks wisely. Also, Fiscal Stimulus should be passed tomorrow and the stark reality that all the good news has come and gone, just like people's appetite for 25.6 multiples (Median is 15.6), will settle in. Especially if yields continue to rise. Bearish Q2
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