Aside from the fact my algos nailed the bottom to the exact minute with a timely OS signal, my Risk Appetite Index is bouncing–led by Cali munis (PCK).
Caveat: there are many bottoms and this run is likely to putter out and fizzle out. There are ranges to trade and comfort levels to consider when allocating resources. If you feel uneasy, as I do, make it a spectator sport.
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I made it a semi-spectator semi-speculator sport. Cash is still a good position
Thanks
The reits should follow bonds. I bought some O today at 41.83. 30% off of highs seems like a good entry point, yielding over 5% here.