Continue with Hedges…

The hedge / short pattern that we outlined starting on September 1 and have continued to see build is moving to a point where the downside could see some acceleration with a possible C-4 signal in what I view as the passive investing haven, the S&P 500,

The past few days have seen some money moving into bonds and Russell type stocks. That may continue a bit but the overall scene is dominated by a picture where inflation is the dominant force.