Action altogether. It is unusually low today as ifestors wait for the fed you need sectors on the move, there is a little bit or movement here today. Energy shares were the worst performing group, and now financials and energy, were seeing a drag on major averages. Of course, as we have been watching this, that means we are toting closer and closer unchanged for the year. I just wanted to mention what we are in commodities today as well. Oil and gold, which we have lowerng, crude oil after a wrongful not freeze rampstion until after it up production. David a big week for Central Banks. I wonder where the fixed income markets are in all i wil in light of that. Julie we have a yield of 1. 95 . It is going lower to be sure, but it is getting closer closer to the 2 threshold and it reflects some increasing use that the fed will raise Interest Rates, maybe even twice this year. If you take a look at w. A. R. P on the bloomberg, that factors in interestrate futures. More than 50 probability
Capitulation. S p plummeting 2. 5 . Nasdaq nose diving 3. 4 . Were seeing real capitulation now. Im saying for the First Time Since this decline began were beginning to see the necessary ingredients that make a bottom possible. Put simply were at a moment where some of the biggest boxes of my checklist, some growth in china maybe, a statement from the fed that it needs to think twice about rate hikes because of the newfound weakness in the economy or a stabilization in oil were to occur then we could have a real oversold rally on our hands of descent proportions. Were the most oversold we have been in ages and the indices about bulls and bears show a the most since november 2011. I admit theres very little to like about this market but after today you did some amazing you saw some amazing carnage today. And the Fastest Growing techs were slaughtered. Fang got taken out and it was just shot today. No it was machine gun. As i said the other night that box has to be checked before we can
Possible. Put simply were at a moment where some of the biggest boxes of my checklist, some growth in china maybe, a statement from the fed that it needs to think twice about rate hikes because of the newfound weakness in the economy or a stabilization in oil were to occur then we could have a real oversold rally on our hands of descent proportions. Were the most oversold we have been in ages and the indices about bulls and bears show a remarkable increase in bears. The most since november 2011. I admit theres very little to like about this market but after today you did some amazing you saw some amazing carnage today. And the Fastest Growing techs were slaughtered. Fang got taken out and it was just shot today. As i said the other night that box has to be checked before we can bottom and after a couple of days like today i have to wonder, boom, it hahn been checked. After hours bashing of go pro. That stock had already been down so much. Who would think it would go down again but we c
Ssible. Put simply were at a moment where some of the biggest boxes of my checklist, some growth in china maybe, a statement from the fed that it needs to think twice about rate hikes because of the newfound weakness in the economy or a stabilization in oil were to occur then we could have a real oversold rally on our hands of descent proportions. Were the most oversold we have been in ages and the indices about bulls and bears show a remamaable increase in bears. The most since november 2011. I admit theres very little to like about this market but after day you did some amazing yosaw some amazing carnage today. And the Fastest Growing techs were slaughtered. Fang got taken out and it was just shot today. As i said the other night that box has to be checked before we can bottom and after a couple of wonder, boom, it hahn been checked. After hours bashing of go pro. That stock had already been down so much. Who would think it would go down lower from here but its almost impossible to n
Nasdaq nose diving 3. 4 . Were seeing real capitulation now. Im saying for the First Time Since this decline began were beginning to see the necessary ingredients that make a bottom possible. Put simply were at a moment where some of the biggest boxes of my checklist, some growth in china maybe, a statement from the fed that it needs to think twice about rate hikes because of the newfound weakness in the economy or a stabilization in oil were to occur then we could have a real oversold rally on our hands of descent proportions. Were the most oversold we have been in ages and the indices about bulls and bears show a remarkable increase in bears. The most since november 2011. I admit theres very little to like about this market but after today. And the Fastest Growing techs were slaughtered. Fang got taken out and it was just shot today. No it was machine gun. As i said the other night that box has to be checked before we can bottom and after a couple of days like today i have to wonder,