Again no change to US stocks which have basically gone nowhere on the index level for around 2-months, similar to the ASX sector rotation continues to dominate proceedings, the Dow Jones still remains within 3% of its all-time high as it bounces strongly from sharp weakness last week. Short-term we are 50-50 as the market continues to grind higher, “selling strength and buying weakness” still feels on point with this particular and other indices.
MM remains a keen buyer of US stocks into weakness
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