- GB Davis
Market Commentary
In our Newsletter, Issue #6 (5/27/19), we highlighted weakness in Disk Drives ($DDX), Retail ($XRT proxy), and Sysco ($SYY) - on the first trading day of the week, 5/28, all three saw declines above broader indices (e.g. S&P500). Elevated $VIX and Bonds (e.g. $TLT) showed the direction for the day after the first hour of trading (930 - 1030 EDT); which was risk-off. prudent traders hit the exits throughout the day.
