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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Chip McVickar who wrote (19035)4/18/2017 5:17:35 PM
From: John Pitera  Read Replies (1) | Respond to of 33421
 
Hi Chip,

The SPX has really been doing battle with the tines and the bullish and bearish cross currents.

The 10 year yield continues to be very soft touching 2.17% today and investors are now getting concerned
regarding the Banking and financial sector.

Plus what are the weak long rates saying about the future growth and strength of the economy?

we shall see. Last year we moved from 1.67% up to 2.20% very quickly with very little trading action occurring in between.

The tines are telling an interesting story...

many thanks for posting,

John