Intraday Update for Stocks #1
HYG is refusing further downside, but FOMC minutes are likely to spook the markets (hawkish talk and intentions do that usually), so let’s get prepared by locking in some open profits – hopefully there won’t be any reaching these. TLT doesn’t look to be in the mood of more declines for today, which means that any minutes-driven downswing would be likely, eventually bought.
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