ASSET ALLOCATION
Danny Rileys Mr Top Step talks about how all the markets are moving on the floor of the CME. That the bonds are trading in the 127 handle and the S&P is trading under 1270.00. Riley explains how the SPM took out this weeks low at 1274.20 and made new low. He also pointed out how the SPU opened at the 1278 level and sold off to 1269.30 rallied and failed again. Riley points out the there is a big asset allocation going on. Sell stocks / buy bonds.
Tags: cme group, danny riley, mr topstep, sp, sp futures, sp500


