Mid Morning August 4, 2022

Aug 4, 2022 | Mid Morning Note

  • Another choppy market that looks tired ahead of tomorrow's jobs data
  • Adding some more short exposure and taking off a couple of long ideas on the Trade Ideas Sheet
  • A good video on the used car market that is more evidence the consumer is under stress
  • The 2/10 spread is inverted and it's when it steepens that we need to worry about