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On Friday both HYG and JNK hit 9-month+ lows intraday. Today they are down slitely and currently price is mid-range, still within the long candle of Friday.ccash04 wrote:credit this morning weak...
SPY is again flat, but now those decliners are less by about 300, so price is same but breadth is better.Daniel wrote:SPY just ticked a couple pennies from going green. Acting like it is shy about doing so. Maybe it's looking at the -1200 plurality of NYSE decliners at the moment.
SJB is a 1X ETF that is short the high yield universe. Has decent volume.te_fern wrote:High yield is not helping the bulls!!