Daily Charts - Big Tech will be the Biggest Loser
1.Big Tech will be the Biggest Loser as they get 50% of revenues offshore and are likely to suffer major collateral damage in a full-blown trade war. $NASDAQ 100(NDX)$ $Invesco QQQ(QQQ)$
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2.It's Commodity Season!
While there are a lot of other things going on, historically this time of the year has tended to see commodity prices drift higher. $WTI Crude Oil - main 2505(CLmain)$
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3.Bond Yields Up
-can mean the market sees a future uptick in Growth and/or and Inflation (bond market is not dumb, although it can be very dumb temporarily)
-can mean folk selling the only thing that's not down in their portfolios (and/or rebalancing)
-can mean loss of confidence in the sovereign
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