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Fed chief Powell's testimony to House panel changed to Feb. 27...
I know, can’t believe March is coming already :eek:
Pretty big move to the downside for the 10 yields today :eek:
SPX just turned negative :eek:
Good calls guys, now market well off its highs :eek:
Probably going to be a learning curve for me if rates keep rising, have never traded in an environment when rising rate is a concern :p
Mostly due to currency I think since both Japan and Germany are big exporters, so they don't do as well when the Euro and the Yen are strong like...
Looks like sell into the close :eek: The 10 year yields not too far away from hitting 3% :eek:
Yeah, Market well off the highs now after interest rates and the dollar reversing from their initial reaction from the minutes :eek:
For now seems like the dollar and yields moving lower while stocks are moving higher after the minutes :eek:
Those so called FANG stocks have done very well after the brutal selloff 2 weeks ago :eek:
Yeah, if the FED sounds concerned on inflation, then it could send rates higher and could be the headwind for stocks
Now the NASDAQ has turned red as well :eek: We had a huge run last week and the dollar is stronger today, so not too surprising to see a little...
Dollar finally getting a bounce after getting hammered pretty much the whole week :eek:
Commerce Department calls for Trump to impose steep tariffs or quotas on foreign steel and aluminum...
Yeah tech names like AAPL and NFLX has rallied pretty hard for the past few sessions :eek:
The dollar index could be making a new 52 week low soon :p
If the dollar continues to get weaker and we don’t have rapid rise on interest rates, it should bode well for this market to continue to go higher...
Indexes are very green. XLU (Utilities) doing great today after getting beaten up by rising interest rates lately while XLE (Energy) is having a...
@Steven_Burt Hope you get well soon Steven. Also @bigbear0083 good to hear that your dad is doing much better now
