Intraday Update – Yields Ticking Higher, Averages Losing Momentum
12:44 p.m. ET Just as we’re starting to get more breakouts from bullish flag consolidations (i.e.- Tech and Semis), yields are near or at their highest levels since pre-market. I suspect that’s some hesitancy ahead of Powell’s testimony before Congress starting tomorrow. SP-500 +0.55%, Dow +0.4% (Transports -0.3%), NASDAQ-100 +0.9%, Small Caps -1% As that’s…