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Editor's Note: Below is a brief excerpt from today's Early Look written by CEO Keith McCullough. Click here to learn more about the Early Look.

The bond market looked at yesterday’s touristy “inflation is back” news and took the other side of the consensus trade. Bond yields stopped going up, the Dollar went down, and the NASDAQ ripped back up to within 3.3% of its all-time closing high. 

We call this a Quad 1 (coming from Quad 2) asset allocation move where...

CHART OF THE DAY: An Essential Playbook For Managing Quad Shifts - 02.16.18 EL Chart