Market Journal: EOD Update

Disclaimer: For informational purposes only.

Please see here and here for more information about The Weight of the Evidence.

Discussion

Coming into today I did not plan to reduce any short exposure, but the cross-asset market signals I follow started to show signs of a stabilizing equity market looking out 1-3 trading days, so I ended up reducing some exposure. In the 3:25pm EST update below (taken from my weekly Special Ops page) I discuss how the signals evolved today and what I’m looking at heading into the critical NFP + Waller event on Friday.