Finally, what if youre caught in the middle . You rode the recent rally but got in trouble with this weeks weakness its time to risk less to make more lets kick things off with the dollar seeing a bit of a rebound today after more commentary out of the fed this week put pressure on the greenback. The dollar still down more than 5 from alltime highs and just narrowly positive on the year. The emerging markets etf which typically benefits from a weaker dollar also seeing gains today but still underperforming the Broader Market this year carter worth warns there could be more trouble brewing. Take it away what have you got for us you covered all the salient points thats exactly right we know that emerging markets are often debt laden than boring in dollars when the dollar weakens that deflates the debts thats a good thing. Or a lot of commodity exporting countries, a weak dollar is good for them while emerging markets did do well, theyve still yurnld underperformed the s p lets look at a
Later tesla hitting skids following a pair of big do downgrades thanks for joining us here on fast money. Lets break out the dramamine because the market taking investors on a roller coaster ride today we started strong, then and midday we lost some steam, then we rallied into the close. The s p 500 gaining more than 1 on the day this following yesterdays brutal selloff was today a buy the dip moment is it weird that yesterday when we had this huge selloff i actually kind of felt better that made more sense to me than some of the action today. Well, yeah, thats kind of interesting. I think for market watchers to watch the market go up to new highs while you have all this Economic Uncertainty sometimes can be a bit confusing weve seen massive amounts of monetary and fiscal stimulus come into the market as well as we know there is a big retail bid to this market thats drivening t the market hr now we have this potential second wave of this virus and sheriff nottingham telling the robinho
That name. Finally, what if youre caught in the middle . You rode the recent rally but got in trouble with this weeks weakness its time to risk less to make more lets kick things off with the dollar seeing a bit of a rebound today after more commentary out of the fed this week put pressure on the greenback. The dollar still down 5 from alltime highs and just narrowly positive on the year the emerging markets etf which typically benefits from a weaker dollar also seeing gains today but still underperforming the Broader Market this year carter worth warns there could be more trouble brewing. Take it away what have you got for us you covered all the salient points thats exactly right we know that emerging markets are often debt laden than boring in dollars when the dollar weakens that deflates the debts thats a good thing. Or a lot of commodity exporting countries, a weak dollar is good for them while emerging markets did do well, theyve still yurnld perfo underperformed the s p lets look
Its gains for the week as tariff tanks stock. Say that 20 times fast having its worst day in months, this is the chart that had us all scratching our collective heads, bonds barely budged so bk, we go to you, what is behind, do you think, this market conundrum. Its a little strange, you would think with the fed buying, they reduced their buying, the market, the dow down 600, not much inflation out there, you would think that bonds would be absolutely flying and theyre not. What do we know . We know that Treasury Bonds are owned by a lot of sovereign states you look at Something Like saudi arabia, japan, china, perhaps they need capital, a lot, you know, has to do with the oil decline. Perhaps its investors getting a built spooked that the u. S. Has to raise an awful lot of debt and the only buyer out there is going to be the federal reserve, but its really strange. It was the one thing that stuck out to me today because i wanted to buy bonds i thought with yields at negative, u. S. Bon
And a boom boom, just shake your options tony zang is a Video Conference call you need to be on its time to risk less and make more options action starts now. Welcome to options action. Im Courtney Reagan in this evening for melissa lee. We have carter worth and tony zang and mike ko joins us from the powdery slopes of utah just like the markets, hes been going down all day we kick things off with a rate route. Coronavirus fears really starting to take a huge toll on treasuries as investors flood into the bond market for safety. Check out the 30year yield hitting its lowest level ever today. Well, the tenyear is back below 1. 5 , and dont look now, but that pesky yield curve, its threatening to invert once again. But if youre looking to turn these low rates into high spirits, the chart master does have a way to get it done. So, carter, explain to us how we can do this. Anything that is obviously rate sensitive or inversely correlated has an opportunity to continue to do well even as ra