Here is the daily action in my high beta index inside Stocklabs. There are ostensibly all of your higher profile trading stocks, the stuff made of nightmares and dreams.
As you can see today’s drawdown, although unfortunate, could be construed as a minor pullback following a fast rip. The fact that yields are coming in has me in an obstinate bullish position without hedges, taking on a bit of water here, now down 30bps.
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