|Junk Bonds Review|
Those that view the message of the market on a daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to explain trading noise as a meaningful trend. This confuses the majority which, in turn, contributes to their role as bag holders of trend transitions.
Junk bond’s overall trend, revealed by trends of price, leverage, and time, are defined in The Matrix for subscribers.
Junk Bond ETF $HYG
Perhaps this bearish setup finds a bullish resolution soon. Something to watch. Generally, junk bonds rally with the stock market.
What the Junk Bonds to High-Grade Corps Ratio in the Trends Tab. LTCO needs to stay above 0. Apparently, nobody cares above Evergrande anymore, and LTCO reflects it.
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