Pension Funds Love Christmas (so do I)
Needed to add a Christmas tree to this one.
Rally into Christmas
Dump into New Years
Santa had too much eggnog and cookies.
GDP and Unemployment should create large volatility in a seasonally slow period.
Betting it's to the upside with good GDP and bad payroll (BLS finally admitting they lied on over $1MM in 2022). Should revise payrolls down, yields should drop.
Too much downside protection with 3835 pushing the JPM collar to act as support.