Here you go…OB at 594 on Monday and then began selloff. THIS is a sideways/mild bear market.

No more BULL. THE MARKET DETERMINES THE NEWS NOT THE OTHER WAY AROUND.

Tariffs were also big news in 2018 but did not matter. The ‘deals’ did not materialize and macro problems came to the fore and stocks went down anyway.

Downward pressure on bonds will start to come off with unemployment rate first week of June. Of course, you have 3 days down with bs payroll numbers when hedge funds sell.

However, it’s bought back and more the next week.

AND wall street doesn’t like Mr T budget. I guess the Mr. T magic has worn off.

Once again, it was predicted that 2nd term will be a disaster. Poll ratings are already below 50!

SPY +88 points +17.6%

IEF -2.9 or -2.9% off high so QUITE RESILIENT ! 1/6th…

Oil Rigs cracking…I guess the $65 per barrel break even price seems to have merit…

lowest level since Nov 2021…