Rising Bond Yields Hit Tech, Volatility Hits 7-Week High. Now What?
Let's make sense of the last two days.
Our View
I know the bears are growling, but they always do. It doesn't matter if it's a 40-point selloff or 200...they are always predicting the end of the world.
I am going to keep it short and sweet.
The selloff from the contract highs is a buying opportunity. I know some people think the ES is going down — and it may next week — but not this week.