Santa has come early; DJIA at new All-time highs;  Ho Ho Holy moly!

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Technically the snapback in multiple sectors in the last month is certainly a positive heading into 2024.   Unfortunately, US equities show RSI readings at elevated levels and the risk/reward scenario certainly hasn’t improved after a ~13% rally in the last seven weeks. 

US Equities and Treasuries have largely extended further than what...

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