To gain an edge, this is what you need to know now.
Buying In The Face Of Grave Data
Please click here for a chart of Nasdaq 100 ETF (QQQ).
Note the following:
- In yesterday’s Morning Capsule we shared with you that the last time inflation ran this high was October 1990.
- The U. S. government borrows through bond auctions. In yesterday’s Afternoon Capsule we shared with you that the bond auction was very weak. The tail was widest since August 2011.
- In response to the grave data, smart money sold yesterday.