WOW: junk bonds HYG made an ATH today, ditto JNK
That is “risk-on”
The bolinger on HYG is still quite compressed, suggesting something is about to hit the fan.
Last edited by Al_Dente on Wed Feb 01, 2017 8:27 pm, edited 1 time in total.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
THIS IS A LEAK OF A DRAFT, but as you know, tech stocks are VERY interested in anything new regarding the H-1B visa adjustments.
This “will pit India's large IT-staffing firms against Silicon Valley's tech giants.”
“Tech companies such as Microsoft, Google and Facebook say the visas are crucial for specialized jobs they can't fill with American workers.”
Stock prices of leading firms Infosys [INFY] and Wipro [WIT] have already taken a blow in anticipation of reforms.