Tension Grows
4 objects have been shot down over the last 72 hours, the US is telling citizens to leave Russia "immediately" and the economy continues to teeter on the brink.
This was one of those weekends that I spent all of my time wondering whether or not the market would trade limit down first thing Monday morning.
By this morning, it was clear that this wouldn’t be the case. However, it continues to look like capitulation is a growing possibility and, given the events of the last 72 hours, I remain confident in my market positioning, which I will review here, along with urgent new geopolitical developments.