Van Ecks News Today

Several sessions this week where weve broken even are gone higher on the session. Today looks to be no different. 3010 is where we are at, up two points. The 10 year yield is back at. 83 . That is a major move in treasuries. The yen has moved two big figures in the last session alone. One of the major rivers in the s p 500ay, ceepo today, cboe. It got a downgrade at bank of America Merrill lynch. It is now a sell. Guy we are continuing to see rotation in the equity market. German tenyear now at ...

S p 500 up about one half of 1 . It is reaching new records this week. You also have the nasdaq 100 up about. 4 . Similar gains in the Philadelphia Semiconductor index. I have been watching the performance and the semiconductors versus the nasdaq 100. You have seen the nasdaq lose some steam to give shares to its other rival in technology. Twoyear yield down five basis points. 444 level. We started above 460. We started last week above 471. We will talk more about where yields are headed. Lets t...

Even below analyst estimates. The stock is now down more than 30 this year. But we begin with todays markets, and dom chu with the numbers. Dom, it is tech taking it on the chin. It is. Its Consumer Discretionary particularly because of that tesla trade. Check out the dow industrials down by about 450 points, 1 drop. It was down over 500 at one point today. The s p 500 is at 5198, down 45 points. Almost one full percent. At the highs, we were down 39 points and 59 at the lows. A decidedly negati...