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Bond yield decline shows market doesn't believe Fed's hawkish rhetoric

gm- Jobless claims largely inline- 244 vs 240k-  Ongoing signs of resilience with equities, but no real net change for the last couple days- Bond yields continuing to trend lower , not really suggesting the bond market believes the Feds hawkish rhetoric on hiking next month-  the US Dollar had stalled a bit following Mnuchins earlier talk while Gold turned back higher to multi-day highs.. and in the short-run, Gold and metals can outperform, but getting close again to resistance areas to sell into next week- WTI Crude meanwhile pushing back higher and still looks to show strength-  Overall with S&P  OVER 2365 would drive S&P Futures up to 2372-6, while UNDER 2355 would drive prices down to 2336 area, a more serious area of support-  For today. Financials should be watched carefully for any evidence of peaking out, as counter-trend sells will be in place on XLF for the first time on daily charts since this February rally began-  VIX continues to show resilience and that is also something to note-   Early movers this am: CBMX, CRI, AVEO, SQ, CTRP, RIG, NOV, OCLR higher while LB, ARRS, JACK, CLD, APAM, DRYS, NVDA lower-  let me know if you have any questions