Since 1945, the indicator has only flashed 18 times, with the most recent signal occurring in November 2023.

The S&P 500 is still down 8% so far this year, but it has regained all of the ground lost following President Trump’s sweeping tariffs that were announced earlier this month. The trade levies caused ...

However, if the trade and tariff war extends past a few weeks and the stock market continues to trade lower the funds could exit their massive long position in the cattle market as well.