#Delta has had a good run, and it’s #valuation isn’t really stretched, but the #chart looks like it’s due for a small #correction. The #stock is wickedly #overbought. Not to mention that the #flight #cancellations are hardly bullish for the #airlines. I positioned accordingly. Not a #recommendation just an #observation. #DAL #stockmarket #options
#delta #valuation #chart #correction #stock #overbought #flight #cancellations #airlines #recommendation #observation #dal #stockmarket #options
#Treasury is holding an #auction on #tuesday and is selling 13 and 26 week notes. With the #shortterm #intetestrate sitting >5% and the #stockmarket looking #overbought the return looks attractive! Full disclosure: We have an order in for the 26s #FinancialMarkets #bonds #bondmarket
#treasury #auction #tuesday #shortterm #intetestrate #stockmarket #overbought #FinancialMarkets #bonds #bondmarket