fridays trade, page-30

usd index is negatively correlated with equities and commodities (incl oil) and the baltic dry index, but is positively correlated with the vix and 10yr bond yields. USD seems to have found broad support. The baltic dry index is correcting big time its recent uptrend on reduced volumes to/from china. The vix looks to have found support and has positive divergence on momentum on the weekly chart. I'm looking to sell oil and other commodities, sell bonds, sell spx and xjo, and buy volatility. Question marks are inflation (buy areits?) and the potential effect of inflation on stocks.

bond yields (proxy for inflation) and stocks tend to be positively correlated but thats only over the last decade or so. Before that they were negatively correlated I believe. Could the positive correlation of the past decade be reversing? is that the stagflation scenario?