- Another day with the markets up based on "trade optimism"
- When I looked up on Google "markets trade up on trade optimism" there are 91,000,000 results
- All of the sentiment polls and indexes are in the extreme bullish zone
- The reality is all we're getting is a watered-down "Phase 1"
- VIX and S&P have signals you should take note of right now
- The PPO monitor is also looking overly bullish
- Global bond yields have had a good run but that might be limited here