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Trading | November 16, 2017
Not the same shit on this different day…
The Dow is up 180 points, VIX is below 11.5, HYG is up the most in 3 months… all following China’s massive 820 billion Yuan liquidity injection.
There’s just two things…
The FX market ain’t buying it…
And nor are bonds…
So what happens when Europe closes…
275% in one week on XLF - an index fund for the financial sector. Even 583%, in 7 days on XHB… an ETF of homebuilding companies in the S&P 500.
