If you listened to yesterday's podcast, then the price action today should have come as no surprise. We discussed how the POSX, after hitting our 101 target, was due for a bounce. We also discussed how the bond market was due for some profit-taking, too. Both of those things happened today and the HFT algos responded by dumping CDG, CDS and just about all of the other commodities.
So, anyway, it is what it is. Tomorrow is the final trading day of 2023 and it's time to wrap things up and begin to worry about next year, instead. For today, a general discussion of the day's events...
