March 6, 2021 . The 10 yr, 20 yr, & 30 yr bond auctions that are presently taking place ..... which are showing inflation-adjusted rates .......... this is taking place to adjust tech stock prices to a more realistic price reflection ? Manipulating the market ? This is being performed by the Feds ? How far off am i misinterpreting ? How long are tech stocks going to keep taking a beating ?
That's part of it, but also remember, the faster something goes up relative to the DJI/SPX, the faster it will go down as well. Tech had seen the biggest gains overall and increased more parabolically than the rest, so it's sell-off was bound to be more sharp as well.
You are a little off in your assumption. True to a point, however the yield curve is not to be ignored. The past three weeks I have been very successful trading with the trend both sides. Here is yet ANOTHER example. Kind of like shooting fish in a barrel. I use the price of oil to trade the oil stocks, works like a charm.