Treasury Futures Starting To Consolidate, Stocks May Not Be Far Behind
11:48 a.m. ET The 10-year yield is down 17 bp, and more importantly, broke the trend line from August. Between...
Early Update – Dollar and Yields Drop, Shorts Cover
10:48 a.m. ET The market is off to a strong start as both the Dollar and Treasury yields fall more...
Afternoon Update
This morning’s start wasn’t the best, but it wasn’t anything to be too concerned about. As we near the close,...
S&P at day’s high as 10-yr. yield at session low
12:57 p.m. ET The computer/algo trading systems recognize the same thing we know, that lower yields are more supportive of...
Early Update
11:33 a.m. ET The averages are doing fairly well. The start was a bit slow as yields were higher, but...
Afternoon Update
There’s so much to cover here, but the gist is that the averages have been sending signals since August that...
Market Update – Strong Close For the Week
The averages are at or near session highs as we have less than 30m before closing out the week. SP-500...
Isn’t This Interesting- S&P Starting to Breakout
12:59 p.m. ET As you are well aware, I’ve been looking for yields to come down to unleash a rally...
Early Update – Some New Developments
11:14 a.m. ET SP-500 +0.35%, Dow +0.6% (Transports +0.5%), NASDAQ-100 0%, +0.1% The Wall Street Journal’s unofficial mouthpiece is behind...
Follow Up
3:55 p.m. ET Just a quick follow-up to the Afternoon Update. 3C charts of index futures have improved a bit...
Afternoon Update
3:32 p.m. ET The 2-year yield is up around 6 bp, the 10-year yield is up 10 bp to 4.22%,...
Intraday Update – Averages Pull Back With Treasuries
1:24 p.m. ET Morning trade has been very constructive with a pull back in the dollar driving early strength, but...
Early Update – Constructive Start
11:14 a.m. ET Index futures had a choppy and chaotic overnight session with Treasury futures/yields. The stock market opened somewhat...
Afternoon Update
One of the catalysts behind rising UST yields and falling stocks from overnight highs was the Minneapolis Fed President Kashkari...
Intraday Update
1:42 p.m. ET The averages are in the red, most trading just above session lows, except Small Caps have made...
Early Update – Retracing Early Losses
10:40 a.m. ET Taking a look around before the open I see that the Dollar and yields are highly correlated...
Afternoon Update
Well it hasn’t turned out to be a horrible day. The Apple iPhone production cut news caused the market to...
Market Update
2:54 p.m. ET After giving back sizeable opening gains as yields rose and the 10-year yield breached the psychologically important...
Early Update – Yields Making Their Effect Felt
12:01 p.m. ET Last night when index futures were already up more than half a percent, I said I’d prefer...
Afternoon Update
The averages have been pretty much sideways in consolidation patterns around resistance levels, so from a purely price/technical view, all...