4.514% ACHEE MAMMA!
If appearences matter, it looks like we will challenge 4.90% high, and the LOWS are in. I expect 4.40% to now provide SUPPORT! LAst weeks correction a head fake. 20 PLUS years of downtrend in rates, ALL good things come to an end.
HOW MUCH MORE MONEY?
Yields have fallen since 1982!!!
DEFICITS, DEBT, TRADE IMBALANCES and WEAK DOLLAR may have finally conspired to end the Bond BULL MKT?
Normally in past we got a flight OUT of stocks INTO BONDS, not today.
ELN popped back, but just for a trade, I would lock profits, IMHO
MMSI popped today, manipulated lower? It is right near it's .618 FIB from $15.64 high, tomorrow should be interesting for the stock. GOOD volume today.
Down volume over 70% today a good down day. Gotta run.
Duratek
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