Well the Spoos did not break the 800 so we back into consolidation mode ... So volatility will drop on the VIX ...
Energy is also flat, still like crude spreads, will sit tight for now.
Grains are not looking good, China possibly releasing Beans into the local market has sparked a sell off. Argentina still looking dry but has received scattered showers, I think they will have well below normal yields. No trade here blowing my mind - will keep Safex CBOT spread in mind when it gets to $5 odd for July expiry.
Keep Treasury shorts.
Long Eurodollar Call spread disappointed but can still come back - looking to roll to Jun or July shortly.
BDI - keeps steaming ahead - sit tight for now.
Corporate Bonds are the talk of the town - need to investigate.
Stocks - thinking to get into some, perhaps in energy or in banking (ETF's best perhaps) - but then again this is a big "black swan" event we are in - perhaps I should wait for new 21 week highs ... mmm
Chow for now
Gus
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