Daily Note | October 16, 2024 | PIMCOs Crater, Three Sell Alerts, BCV/EVF Add, RA

Markets are around the flatline after a fairly moderate fall yesterday where stocks, particularly semiconductors, sold off. The Nasdaq was down just over 1% with Nvidia down 4% after it had passed Microsoft in market cap on Monday.

“Until the election is over and we can confirm gridlock, I think at the headline number we’re not going to do much, but I th…