US10y-US02y Yield Curve Reversion - Watch StocksUS 10y and 2y yield curve has reverted (i.e. is no longer inverted) and historically this has been a bearish signal for stocks in the months ahead.
Whilst stocks have continued to gain for a few weeks to months, ultimately there seems to always have had a precipitous drop to follow.
Keep a solid cash position and potentially look to hedge longs moving into October/November and onwards.
These drops have presented FANTASTIC buying opportunities, but ultimately you can only buy if you have dry powder set aside.