Daily Note

Do Not Dive in the Shallow End

Aug 28, 2018

Thomas Thornton

As the US equity markets keep rising the liquidity in the market is diminishing.  Throughout 2017 liquidity was unusually abundant and that could be why dips were so infrequent and shallow.  In 2018 it has turned around 180 degrees.  Back in January and early February the S&P Futures depth of book dropped considerably potentially contributing […]
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