Market Update

A trillion dollars can really change the enviornment in a hurray. The sp's are going to flip from a sell bias to a buy with anything close to an unchanged or better performance today. For now it looks like a range trade between low 780's to mid 790's.

Ten year notes look like a buy at 124'16. The dollar is in a free fall and a specific sell level is too far away to even list. I think it could possibly fall to 80. Crude is continuing its run but I think it would be a sale today above 53. I'm neutral gold.

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