I often look "in the negative space" of data. It gives me inobvious insights.
Last night and this morning, I literally saw NO meaningful change in anything day over day. Worse, there was no concern in the sentiment anywhere, despite the sloppy trading.
Now, I have ZERO signals of any sort, so it's hard to call a specific trade, but I have a feeling that folks are sanguine enough that any bad news could catch a lot of folks flat-footed. So, far, the market is strong this morning, but I'd be very alert.
M