Leveling Off

Hello All,

It’s been quite a last couple of weeks in the market as we more so have seen a leveling off of positioning (Crowded longs (Semis / Tech / Momentum) / Crowded Shorts (Small-caps / Cyclicals) get washed out which all kicked off on CPI #’s this past week. Moving along into this week, the Trump headline flashbacks from when he was president back i…