Marcus Take – A Biblical Pivot or just a good day for bonds
Taking a few bets on this Dovish Pivot sticking. Even if it doesn’t stick, the downside is limited. A lots of daily buy signals around.
Weekly buy signals as well. Interest rate sensitive sectors on the rise. Risk on sentiment driven sectors bottoming. If you want to buy banks for a run into results, the timing looks as good as it is going to get. Hamas-Israel conflict being overlooked by the market. Oil price down.