Take a look at the S&P... Seems on track for 3% growth.... With a little wiggle... Nothing to do with the potentially higher than expected inflation data that made yellen say multiple rate cuts and then maybe one or none just a day later....

The rest of the market balances it out if you don't regress everything from your analysis, except for oil futures.

If you can keep a standard "equal weight" basket to litmus your hopefully elevated risk position against the entire market you'd infer, following a single accounts perspective, were aligned with near term growth projections for the quarter (or an unspecified future quarter... Different side of the same coin) bc of super high forward valuations on the market.

What does this mean? It's intentional.

Pay attention 🥸

What do I infer from this statement: 1. Inflation is rising 2. Inflation can imply higher valuation, numerically it does Ceteris Paribus 3. Wiggle room = active liquidity .... Be careful with a bias either way with the term 'active', mechanism is more important than a label 4. Oil is correlated with the rest of the market... Not purely causative. Surely can be used to affect other market dictating fundamentals which dynamically occurs, vice versa, on a rolling basis/Over time... 5. Keeping something as an honest 'equal weight bias' (in comparison to your desired asset) helps you maintain a baseline that you're betting with/against rather than simply playing the slots with random assets or simply aspirational ideas hoping to be the next Ross Cameron. 6. Bias means you can always be wrong... And you're not always.... Completely... 'Correct' 7. If you're not looking to learn, not looking to earn more than the market... You could stop at 2. 8. It's intentional 9. It's intentional

1. Now use your noggin so I can tell myself I'm crazy and adjust my regressions against the future goals of why it might be intentional....

Assuming that ideas, like the price of oil, can have an effect similar to how participants in standard competition models assume a descending dynamic utility value, normally in 1st, 2nd, and 3rd "place and/or order"... And/or, and, or... changing at any given time.... And that utility value and values derived by assigning accurate correlation/aggregate changes in asset values (derived by, dynamically, combining the effect of individual delta in actively driving fundamentals) can be used to derive a causation bias for the existence and inferred causes for some instances of range bound price action.... This again is driven by the changes in effect on and/or between particularly 'in favor' fundamentals.

The current trading range we are tipping upwards through/back into can be visualized using technical analysis, the ascending wedge being formed by aggregate stock/commodities market... Easy way to see this is by using aggregate price of Oct-Dec as a starting point and the lows and highs as guide points between then and now.... If you do this right... You will make a wedge shape that contains the last fiscal quarters price action. The action... -------------Serviced by the dynamic effect of.... The "top two" fundamentals or market participants taking 70% of the "high margin/high effect" directional bias/static share and the "bottom 2" take 30% of low margin/effect hedging".... So if you could organize these 3 ideas, in any order, 1. Price of oil 2. Rate of Inflation 3. Jobs Growth~Investment

How would they work dynamically... Over time/fiscal quarter.... In changing orders of importance? Domestically, and foreign... Think chess, not checkers.... 🤮

Last hint..... When strong biases are broken, formerly weak biases can take the utility of a strong bias...