The Beginning? Or The Beginning Of The End?

by | Jan 19, 2021 | Daily Note

  • Some presidents have lucky timing when they start their term as president and some don't
  • Joe Biden is starting his term with a setup that on balance is tough
  • The sentiment is extreme on the upside, a lot of upside exhaustion signals near highs makes the setup near term challenging
  • Adding a new short that reports after the close today
  • A look at the recent Bank of America fund manager survey with some extreme readings
  • Commodities, Currencies, Bond Yield updates
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