Flatter Yield Curve Makes Fed’s Job Harder – Rally In Financials In Limbo

Ten-year Treasury yields are not going along with the Fed’s tightening posture.  This could be because of a technical reason or yields could be sending an ominous message. Yields reached a historic low 1.34 percent last July, and have been … Continued

Lot Riding On 2H, Those Lofty Earnings Estimates Better Come Through

posted in: Economy, Equities, Technicals | 0

U.S. stocks have done phenomenally well since the February lows.  In less than six months through the intra-day high yesterday, the S&P 500 large cap index has rallied north of 20 percent, the Nasdaq 100 index 22.5 percent, and the … Continued