Highlights
- As the Missouri license plate suggests, we are in the "Show Me" state, patiently waiting to see how the market digests this weekend's spicy news.
- While it is tempting to chase the market higher, we are thus far unable to endorse that plan given the still broken market structure.
- We still view the situation as having gone from being "really oversold and broken" to "getting more overbought but still broken".
- As of right now, we see no reason to alter our. . .
