• It’s been an uneventful week so far, but morning’s CPI number has the potential to stir things up.  However, that “stirring” could take place in either direction…given that bond investors have increased their short positions recently.
  • Later this week (and early next week), we get some KEY bank earnings.  Given the technical make up of the KBE bank ETF (and the XLF financial stock ETF)…these earnings could be VERY important as to how this group and sector acts as we move through the second quarter.


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