Global markets on a high wire?
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Global markets remain in a very tricky situation, per the vast majority of them are setting on support lines at the same time. Last weekend I ran a post titled “Look Alikes, Domino’s and Slippery Slides”. (see post here)
This is a very tricky spot for the global stocks markets…if one breaks support, several could!!!
Chris…have owned utilities of late the high yields. Yes the high yields are bonds, yet they do correlate a ton to stocks. Some of the high yields are breaking their 50-ema recently!
Chris- apart from PFF are you entirely out of the market(s)?