The Real Money Is Underweight Stocks

Big money is under invested in the stock market. The reason they're not reaching for protection is because they're under weight stocks. One of us is bound to be right, that's the good thing we haven't covered. L r, i quickly on crude oila a. You know what? It's nice to see a bounce. I think the headline was a china reopening, kind of gave it a little bit of a tail wind. But you still have to respect the prevailing down trend and keep an eye out for more pull backs.