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June 30, 2024
In a much more muted fashion a techinspired rally. We also had the russell, mid caps, transports all nicely higher slightly higher this morning, but only slightly. The one question mark yesterday given the rally was that the bank stocks did not take part, particularly on a day where yields rose as well. Lets look at yields they rose nicely yesterday so it was a proper riie risk ony the tenyear, 2. 46 this morning. Markets around the world asia was nicely stronger yesterday. Today stronger again ...
June 21, 2024
Off 20. 6 and the nasdaq, thats the one thats off 39 as you can see right there. Also keeping an eye on the small caps. Flipping through and looking for the names as they get more attention on the valuation here and more and more people want to play these as a way to protect themselves against some of these external currency moves. Watch this index for signs of overvaluation or a pull back. Whats calling the shots today . Oil has been continuing to move lower on more evidence of ever higher inve...