Oh man - I was watching S&P500 fall and out of nowhere a rally came on last 30 minutes.
And this time I can blame Goldman Sachs for both the ramp up and the news. The news was SEC settlement of GS case!
I just checked the Bond Yields - they don't seem to think S&P500 is right. 10Y US Treasuries bond yields are down 23% yesterday
Last year we have seen Bond Yields are an early indicator of trouble to come in S&P500. We'll see how things go today
No comments:
Post a Comment