SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 690.270.0%Dec 26 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
Recommended by:
GROUND ZERO™
yard_man
To: yard_man who wrote (180504)10/12/2022 11:11:31 AM
From: FCom7772 Recommendations  Read Replies (2) of 220727
 
All eyes should be on the 10 Year Note which is still trading under 4% ...

Doubt equities will trade much lower unless this all important level is taken out - still believe that is the line in the sand and will be guarded vigorously by the Fed.

They have already more than doubled rates over the past year - not an insignificant accomplishment.

Europe can not stand much higher rates - they will break - and the Fed knows this ...

Now the goal is to let time pass so that the system can work out its deficiencies - still think we trade between 3.25 and 4.00 for the next several months which will allow equities to recover.

Of course this outlook can change very quickly if rates surge from here - but I'm not seeing it.

The BOIL trade seems to be working quite well ... fwiw ...
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext