Pain is here and more pain is in the forecast.
The MOVE index Exploded upward today, indicating large bond market volatility. This mirrors (inversely) the sell-off seen in HYG.
Fun Fact: Cannabis stocks were surprisingly resilient today. Trulieve and MSOS were actually green today while the broader market was selling off with bonds. I'm still expecting a recommendation from the judge on reclassification to come soon. This sector could be a place to hide. It is extremely undervalued in my opinion, and is on no one's radar currently.
The MOVE index Exploded upward today, indicating large bond market volatility. This mirrors (inversely) the sell-off seen in HYG.
Fun Fact: Cannabis stocks were surprisingly resilient today. Trulieve and MSOS were actually green today while the broader market was selling off with bonds. I'm still expecting a recommendation from the judge on reclassification to come soon. This sector could be a place to hide. It is extremely undervalued in my opinion, and is on no one's radar currently.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.