Author: Jeff Clark, Jeff Clark Trader

Conditions are oversold enough to justify a strong bounce from current levels.

The yen’s sudden surge and technical breakout may be the first crack in a trade built on cheap borrowing and leverage. If the yen keeps climbing, the unwind could hit U.S. assets the way it has before – quickly, and all at once.

Rising long-term interest rates are a headwind for the stock market.

The sector is overbought. It’s a good time to add short exposure.

Options turned into vehicles to “get rich quick.” But that’s not what they’re for…