Palpara Merchants

Substantive Finance

Weekend review

Lots of news came out this week, and most of it is bearish. However, the market discounts the future, so we may not be taking into account the possibility that the future news flow improves. Here’s a few indicators to look out for to identify when we’ve hit bottom- until we see these, we have got to continue to sell the rallies, and only buy 4%+ yielders (WIN, NLY, SO, COP):

Comments are closed.