Summer

Summer • July 6


Most summers are boring and have very low liquidity. Not much point to opine on trends when there’s no volume showing money put to work. Fed minutes (not meeting) were released today, yet volume was lower than yesterday. Not much to note, but still cool to see the chart interact with those levels.

Well…maybe we could mention oil getting absolutely smoked on recession fears as yields blow off and the dollar continues to rip. Sure there are things to discuss…but everyone is at the Hamptons.