Is there a better back court duo right now more critical to the direction of stock prices? A weaker dollar I think gets a stock market rally going. A bond market not crashing would also help. Is this actual resistance or just lines on a chart? pic.twitter.com/BY5IkwJolZ — J.C. Parets (@allstarcharts) May 17, 2022 Today’s […]
Chart of the Day – Monday, March 14th, 2022
$TNX 10 year yields breaking out to new highs. pic.twitter.com/v4RyHTJjRz — Pratty (@PrattyCharts) March 14, 2022 Today’s Chart of the Day was shared by Pratty Tulsian (@PrattyCharts). It’s a daily chart of the US 10-year Treasury yield ETF, $TNX, over the past year. The 10-year yield continues to head north, reaching 2.14% today – its highest level […]
Chart of the Day – Tuesday, March 1st, 2022
$TNX would this be a bullish or bearish development for Technology $QQQ $XLK stocks? No idea what comes next as there's a lot of weakness / uncertainty out there Also, it's just 1 data point to consider. pic.twitter.com/qykhoyZpbT — Sam McCallum ??????? (@honeystocks1) March 1, 2022 Today’s Chart of the Day was shared by Sam […]
Chart of the Day – Friday, February 4th, 2022
10 Yr Yield breaking out pic.twitter.com/kiNZ8JtxuR — Matt Petrallia (@theEquilibrium) February 4, 2022 Today’s Chart of the Day was shared by Matt Petrallia (@theEquilibrium). It’s a chart of the US 10-year Treasury yield over the past year. The 10-year yield just broke out to a pre-pandemic high of 1.912%. It spent the last three weeks […]
Chart of the Day – Tuesday, January 11th, 2022
The latest worry is higher rates will end the bull market. This is always possible, but historically a higher trending 10-year yield has been really good for stocks. The past 7 periods of higher yields all saw higher stocks, with some huge gains in there. pic.twitter.com/syquC7MvuV — Ryan Detrick, CMT (@RyanDetrick) January 11, 2022 Today’s […]
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