Positioning Is Becoming Less Bullish

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SEC approves first ever leveraged Bitcoin Futures ETF. Bitcoin (CRYPTO: BTC) is up 83% in the past 6 months. Is it going higher? MarketPrices as of 4 pm EST, 6/26/23 Macro President Joe Biden is doing his best Franklin D. Roosevelt impression. Investors are beginning to abandon the idea of rate cuts in 2023. Regional manufacturing activity in Texas rose to its highest level in 3 months in June. @bespokeinvest StocksThe next Bond car will be electric…presumably. When stocks rise, the VIX falls, and vice versa…right? Investor positioning has been a tailwind for stocks lately, but that’s starting…

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