The Simple GMG Weekly

• Follow us on twitter @gmgresearch

• Energy vs Tech is going higher along with yields

• Be more worried about growth than inflation

• LQD GOVT HYG are all weak

• Japan is continuing to rally higher

• Equal weight (RSP) has room to start outperforming QQQ

• JPM’s JHEQX collar strategy was under attack last week

Lets review the our updated charts from last week…

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Last Week’s Performance: Notice energy and smaller market caps led

Equal weight (RSP) has room to start outperforming QQQ

Energy vs Tech going higher along with yields

Commodities: Stop at $18.50 on GSG

Japan is continuing to break higher.

Taking a while, but Coupang is on our radar for a move higher.

Discretionary vs Staples has accelerated to the upside.

Bear market rallies are unforgiving.

Return always wants its risk payment. NOT INVESTMENT ADVICE.