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darth.stocks

A MIRACLE!!!: One of them does not behave as should be expected.

Short
SPDR Bloomberg High Yield Bond ETF (AMEX:JNK)  
darth.stocks  
AMEX:JNK   SPDR Bloomberg High Yield Bond ETF
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Correlation is certainly not causation, but it is striking that upward behaviour of SPX, DXY weighted SPY and JNK correlate with CNY depreciation. It is also striking that JNK and DXY weighted SPX correlate with appreciation of CNY. SPX not. Not yet? Waiting on the usual Sunday night PBOC announcement... Short SPX!

Idee correlate

darth.stocks
Danger zone ahead: USDCNY to 6.90 region
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