Diesel And Yields

Hindenburg Alarm: Another Rotation Or Worse? Via RealInvestmentAdvice.com, In early November, we sounded the alarm about a recent Hindenburg Omen. Per the Commentary’s summary: Bottom line: market breadth is horrendous and will likely lead to a rotation favoring out-of-favor sectors and stocks. Thus, it’s not surprising that the Hindenburg Omen was triggered. If we continue to see more of these Omens, the threat of a drawdown grows. At the time, Mega-Cap stocks were grossly outperforming the market, while many sectors lagged the market. Since that Hindenburg Alarm, our expectations have come to fruition. We have, in fact,...

Pro-EU Ruling Party Wins Armenia Election In Landslide, Kremlin Blasts Western Interference Armenian Prime Minister Nikol Pashinyan's party has won parliamentary elections, according to Monday's result, after a vote which has signified the small Caucasus nation's major pro-Western shift. His Civil Contract party secured 49.81 percent of the vote, while the main opposition party Strong Armenia - seen as pro-Moscow, finished a distant second with 23.29 percent. National turnout in the country of three million people was close to 60%. Pashinyan claimed a "historic victory that will ensure Armenia’s eternity and development" while...

US Launches New Iran Strikes Overnight: 'Heavy Costs' For Attacks On Commercial Shipping Summary:  US strikes on Iran announced, as 'heavy costs' for earlier targeting of multiple commercial vessels Oil rises as Treasury revokes June 21 Iran oil waiver Hormuz Threat Level Raised To "Severe"  Three maritime incidents reported on Hormuz in last 24 hours  Another unidentified vessel hit by a Drone IRGC forces hit a Saudi Tanker  IRGC forces hit a Qatari LNG tanker *  *  * US Launches New Iran Strikes, In First Since Ayatollah's Funeral The US military has announced it has commenced fresh strikes against Iran in...