Well markets are selling off again today with the indexes all down over 1%. Since everyone knows the bearish case, we figured for today’s morning buzz we’d bring you the other side of the trade:
Earnings are still coming in nicely for large industrials such as $DE.
Inflation coming in relatively tame. This is conducive for low rates for an extended period of time:
When everyone is looking for a crash, it rarely happens:
@Contrahour sees some contrarian indicators and may start to nibble long.
The oversold are REALLY over sold
Some bullish options activity and money flow:
Some large financials are strong in a weak tape: