-EXCLUSIVE- Since our last update, we have observed a sell-off driven by the movement in bonds. At the moment of writing this blog, SPY is 0.5% lower than the last time we wrote, while Nasdaq is actually 1.3% higher. In the meantime, we have witnessed what many have dubbed a capitulation event this Tuesday, despite very moderate volatility.
S&P500 update: A Typical Pullback With Signs of Recovery
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