Popular - Today: SJB.png

SJB.png

People that know me know I have been following corporate junk for a while because of worrying trends between corporate yield versus Treasury yield in addition to rumors that some companies are having problems raising cash in the open market. Of course a lot of this stems from the market being overpriced and SJB right now which is short corporate junk looks poised for a breakout. If SJB moves over the resistance line at $27.90 not only will it be a great buy but I think a poor omen for the market-at-large.

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