A Day Where the Signals Were Loud but the Direction Wasn't
Ran through today's signal board — CPI, exports, and FX are all flashing strong together, but the credit spread axis is still pinned down, so the composite score is stuck hovering around 0.1, a genuinely ambiguous read. My rule is simple: no conviction, no move — so today I sat on my hands and didn't add a single name. Vol signals were quiet too, nothing forcing my hand.