2:30 am

I'm running some screens, Seemed with a Neutral day.... I'd dig through transports and Regionals again..... maybe even Coal.

Obviously my Thesis on materials holding the market up.... IE Inflation makes the market go up.... Continues to Work.....(fucking Oil).

The Stagflation Trade is the magic... and when you pull from the 1974 book... one of the anomalies IMHO will be that the fed will not raise rates.... Hell, Federal Reserve Bank of Atlanta Dennis Lockhart, was talking another .25 or .5... and we will get bad data in the next 6 months. They will fold and we will see 1.5%... Because Oil and Materials prices be damned... they don't realize they are doing more damage than good.