Thread: tsptalk's Market Talk

Nasdaq getting hit today. Utilities up big. Rising electricity costs?

I see the 10-year hit 1.65% earlier today, before dipping back a bit - could be spooking tech.

Yields are up again - the 10-year is hitting 1.68% and moving above the F-flag, which usually break down.




The VIX is up some this morning - trying to fund support at the bottom of the comfort zone between 15 and 18. It did break below the rising support line off the July lows this week.

Yields are pretty flat this morning. The dollar is down again and again flirting with the 50-day EMA.




Silver and gold gapped way up this morning, but they are settling down some, filling in those gaps already.

The Transports can't go up fast enough. What are we missing? Perhaps all of the 3rd quarter economic slow down data is nothing more rearview mirror news now?




The High Yield Corp. bonds are down again and trying to fill in an open gap, but the weakness is suggesting possible trouble in the credit market. Odd action for a big rally in stocks. Both bull flags and bear flags have been breaking down on this chart, and it is back below the 50-day average.

stockschart.com is down right now so I don't have any charts. But the 10-year yield is down this morning, and the dollar is up.

We head into a heavy earnings week with stocks up, and small caps leading. The Dow is mostly flat.

Stockcharts is back up so...

The dollar is up filling in that very small open gap from the prior Monday. There is one more open gap above, and a bunch below support.



The 10-year yield is down today after testing the top of the F-flag on Friday.

It's not always easy to trust the Monday morning moves, but stocks seem to like the combination today.

The S-fund is making new high but also testing the top of its channel today...

Consumer Confidence and new home sales both topped expectations, helping push the already excited stocks market indices higher again.

The melt up seems to be here and the question is whether to chase if you're out, take profits if you're in, or just ride the wave.

The dollar and yields are both up slightly with the dollar hanging around that old gap area. The 10-year fell early but seemed to bounce back after the 10 AM ET economic reports mentioned above.




Oil is up again and over $84/ barrel, and it is kind of interesting that this isn't more of a drag on the stock market considering it was about $47 a barrel to start the year.

Market movers Microsoft and Alphabet (Google) report after the bell today.

Early action: Yields are falling and the 10-year is testing the bottom of the F-flag.

The dollar is giving up Tuesday's gains.




The S&P 500 is flat showing some decent resilience considering yesterday's negative reversal day, and how extended it is.

The small caps are lagging this morning as the big old open gap may be finally drawing some attention.

Yields up, dollar breaks down from the bear flag. Surprisingly, gold, silver, and oil aren't doing much despite a huge move in the dollar.

Stocks like it, but they seem to like everything these days -- dollar up, dollar down, yields up, yields down.

Do or die for the dollar rally?