Friday, July 21, 2017

"MAXIMUM RISK PLEASE"

The riskiest sectors and markets led this week...



Bitcoin (Bitstamp, $USD)

Bitcoin had a MASSIVE retracement rally this week almost taking out the prior high...




Inverse volatility had a very good week:



EM currencies and commodities had a good week

Of course the fourth bounce in commodities is when the wheels came off the bus last time, but that's a minor detail...




Small cap growth had a good week




Retail had a good week




IPOs had a good week




Lockheed Martin had a good week

While the dollar got shellacked




Netflix had a good week




Chinese internet




Energy did not have a great week:




Nor did consumer staples




Banks





One more RISK OFF "event" and it's all over...