Tesla ($TSLA) has been getting even more attention than usual lately. Shares are down nearlyย 30% YTD and this week, price broke a key support level. There are a lot of strong opinions about Tesla out there, but most technicians agree that it would be best to avoid the stock at this point and some even […]
What to Make of the Yield Curve
This week, the US 10-year Treasury yield sank to new 52-week lows and sliced through some important support levels. Today, a closely watched yield spread (10-year minus 3-month) turned negative for the first time in over a decade, inverting the front-end of the curve. A yield curve inversion is a bearish signal that occurs when […]