The market was extremely bloody last night, where we saw $TQQQ trading at highs of $98.07 at one point and subsequently closing at $87.90. I believe this can be attributed to the rising bond yields trend we are currently witnessing, particularly in the 5 year and 10 year treasury yield. Between the start of February 2021 to February 24th, the 5 year treasury...
This is the monthly chart of the yield on the 10Y note. VIX Fix shows we put in excess below support (6.00) indicating most bulls have capitulated. Breaking above June yield highs on a strong move out of bonds (perhaps into value stocks?) could bring on a yield of 2.5-3% on the 10 year, a 150-200% move higher. This kind of a spike in yields would eventually...
Several stakeholders in the crypto market see a lack of yields coming from traditional markets as a sign cryptocurrency has a place in uncertain times. “We are moving into a period of stagflation – stagnant growth and inflation – which creates a steepening of yield curves in the fixed income world,” said Chris Thomas, head of digital assets for Swissquote Bank....
Sure, low yield rate alone doesn’t justify the extremely high valuation of NASDAQ, but many investors may have overlooked other factors that may have contributed to NDX's rise. Quick recap of recent macro events- THE BAD Corporate profits in the United States dropped 11.8 percent to USD 1,569.2 billion in the second half of 2020, following a downwardly...
The 10 year treasury yield looks ready to resolve its multi-month consolidation triangle to the downside. There's room for another run up to the .70% area over the next couple weeks, but I ultimately believe we are heading for lower yields. Note the fairly swift rejection from the rally above the 50MA at the end of May / start of June. I'm not making any plays...
Conclusion is: Bond market seems to think this pump in the stock market is suspect. 10yr should rally up to .80 zone if investors were actually risk on. I am just keeping an eye on DXY, 10yr, WTI at this point as they r all showing mixed conflicting signals. DXY looks to have slightly more downside B4 reversing up (only question is how strong) 10 yr looks to be...
When the 20ema crosses below or above the 50ema, it has been an amazing signal in trend reversals. Creating the strategy on your own is very easy to build and follow. The inverse of the TLT is TBT; which could prove to be interesting if we continue to see interest rates tick higher. Important to note, that the Bull-cross has been much more indicative than the...
US30-year bond yields are following the uptrend that we forecasted in the post of April 28. It is currently in the final stages of minor wave 1 which is part of the 5 impulse waves that should lead yields to the area surrounding 2.44%, where intermediate wave 3 should be completed. FOLLOW SKYLINEPRO TO GET UPDATES.
im thinking this is like and we see another 1-2 months of Ponzi stock pumps
10 year looks ready to break up which could be signaling risk on will be back over the next 2-3 years Fam
expecting treasury yields to normalize this year.