Clearly lots of hot money leaving our shores (and commods) with the USD bounce but the signs from US quite good on the whole and I would blame the afternoon sell down (on NYSE) on technical reasons (DJIA 10500 again).
One idea atm would be to buy the RUT - good for both USD strength and the strongest looking US index imo. Unfortunately the Russell 2000 ETF (IRU) very illiquid and I have no other way to make this trade. Higher risk fixed income also good.
Some charts that caught my eye from Friday:
USD surging
Vix going nowhere
Treasuries dumped
Russel 2000 looking strong
Mortgage backed securities in high demand - corporate bonds also good
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