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SMLL - Sentiment Is Shifting In The Markets: Thornton
Direxion Daily Small Cap Bull 2X Shares
We’ve had one trade on with this market: long stocks, long bonds, long gold, long silver, long metals, and short the U.S. dollar, Tommy Thornton, founder of Hedge Fund Telemetry, told Real Vision during today’s Daily Briefing.
Thornton predicted that we will soon start seeing a reversal of this trade. He said that sentiment has been exceptionally skewed to one side on these trades and now it is beginning to shift: we’re starting to show signs in equities despite new highs; we’re seeing yields lift in bonds, which he believes will trigger further bond selloffs;