May. 2 at 1:46 AM
$SPY so ok, more 52 highs than 52 lows today. however, when you look at market leadership, you see defensive stuff. you see money flowing to Europe like crazy, even tiny europe countries like
$EWK or other parts of asia like
$EWS packaging companies are dead, trucking is dead
$JBHT Utes especially europe ones doing well, nothing in this market is saying the trade tariffs and manufacturing are going to set up in the future.
$MATX containers are exactly screaming yet that recovering or deals are done....
