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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk
SOXL 42.80-11.9%4:00 PM EST

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To: catflu2™ who wrote (167590)2/8/2022 6:45:07 PM
From: GROUND ZERO™2 Recommendations

Recommended By
DD™
zamboz

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Why do people think that rising rate will immediately hurt stocks???

Rates always rise with stocks after the initial jittery sell off is completed...

Stocks should rise until the 10 Year Note rises above 2.60%, that's when the overall SP 500 yield no longer exceeds the annualized return of the 10 Year Note...

Since the 10 Year Note closed today at 1.95%, there's still plenty of upside left to go...

The 10 Year Note peaked at 3.24% in October 2018 and it was no coincidence that's when these markets only first began a health correction...

GZ
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