The US Federal Reserve officials, including Fed President Bullard recently spoke about the economy is still strong and the interest rates need to go higher. US Bonds (10Y, 02Y, 01Y, 06 months) are rejecting the narrative indicating lower yields going forward. Who's right? Normally, the bond prices (and hence the corresponding yields) are right!
The lock-in period for #Zomato expires today (1 year post listing). The stock is in a clear downtrend, and has broken it's previous lows. It might look like an anniversary sale, but it's a trap for anybody looking to make money in the short term. It's better to take exposure after it breaks-out above it's downward trend line and add when it crosses 76 levels..
#CERA breaking out of downward trendline with good volume!