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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (37300)9/4/2012 9:31:17 AM
From: Keith Feral  Read Replies (1) | Respond to of 222003
 
The past few years, May has been the worst month of the year for equities.

Today looking moderately positive with Treasuries seeing a little selling pressure from Friday's huge rally, and Spain bond yields falling 22 bp's after spiking back to almost 7% the past few weeks. Market has a very positive tone through mid August when Treasury yields were flat or rising and Spain bond yields were dipping back towards 6.5%.

Treasuries got caught up in a huge short squeeze rally Friday, still trading lockstep with the dollar.