For Friday Forecast is for a -80.
Running order will most likely (99% degree of confidence be:
TIP, TIP, TIP, IEF, IEF.
Today's jump in the CPI can only means the trend of low growth, but with higher inflation will continue.
Higher growth in the form of JNK is closing on the 5th place TIP but is not assured of passing it in the next couple of days, and may well falter and drop back.
Interesting that the lead IEF is now being re challenged by the growth loving LQD (not TIP as mentioned yesterday)
Assuming the JNK animal passes the last place TIP, and LQD takes over first place, the temp. would rise all the way to zero...quite a comeback from being down -200 only a week age last Friday!
