Nothing good happened after the Fed decided to raise rates.
Pascal
Nothing good happened after the Fed decided to raise rates.
Pascal
A sudden drop in the 10Y points to a market reversal or at least a tentative reversal.
Pascal
Markets fell on the non confirmed news that there will be some restrictions to trading Chinese firms in US exchanges. This is of course a negative for the said Chinese firms, but in general, I believe that money will rotate out of the China related sectors... if this has not been done yet.
Health care stocks look interesting here... But algos first have to deal with the general liquidity withdrawal before positions can safely be rotated.
Pascal