Dollar (DXY) fell .8% today. Dollar cheaper, stock more expensive. Some tie this into the 10yr as well, but it is really that simple.
Today, the dollar bottomed JUST above 107. Bouncing off of Jan 26 low of 106.969.
That’s right, 106.969.
As long as DXY doesn’t break 106.969 stonks really, have to go down.
I am a gay bear and should not be trusted*