If you're a #quad4 investor - thinking that record unemployment, drops in retail sales, and bankruptcies matter - you could not be more wrong.

This is a Vaccine-shaped recovery.
The only thing that matters is Coronavirus narrative.
That's it.
Invest accordingly.

$VIX 27.77 -1.38%

This V doesn't matter.

Equities are building on Monday's Memorial Day gains

$ES_F 3014.12 +2.07%

$DAX 11476 +0.75% (after being up > 2%)
$FTSE 6092 +1.66%
$CAC 4611 +1.58%

$NIKK 21271 +2.55%
$SSEC 2847 +1.01%
$KOSPI 2030 +1.76%
$HSI 23385 +1.88%

Metals are mixed with those that have industrial use higher; precious lower

$GOLD 1724 -0.65%
$SILVER 17.883 +1.07%
$COPPER 2.433 +1.95%

Oil and gas continue their merciless rip higher

$WTIC 34.09 +2.56%
$GASO 1.0736 +2.06%

$NATGAS 1.863 -0.96%

The dollar is getting monkey hammered

$USD 99.213 -0.68%

$EURUSD 1.0967 +0.62%
$GBPUSD 1.2318 +1.12%
$AUDUSD .6620 +1.16%

$BTCUSD 8958 +1.40%

Treasury bond yields rise sharply on the Vaccine-shaped recovery in equities and commodities

2yr .186%
5yr .364%
10yr .697%
30yr 1.41%

Enjoy managing your risk today!