George Costanza Move

Jun 10, 2021 | Daily Note

  • Bonds are strong today after a huge CPI inflation number
  • Yet the bond market is pulling a George Costanza move
  • Internals are not great within the equity markets despite the bounce off early lows
  • Meme stocks are fading... finally
  • If the SPY and QQQ break today's VWAP levels (on the note) then the buy the dip crowd might hit the red button