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The s p market barely budged but the stunner was the bond market, hitting its highest level since march. Chris called this on the show a couple weeks back. Where are we headed from here . I think we are headed with the yields going up still. What is important about this move, it is not a few days old it is a few months old the trend here is several months old. I think any shortterm pullback in bond yields, that would be an area to be a seller of bond. We think yield can go up from here if you look at the longer term chart, you have to focus on where yields bounce from in 2016 and where they broke down from in 2020. When you look at this move, i think 130, 140 is ultimate lit where this is likely to go thats where the key levels are. I think as bond yields have gone up, the yield has gone up. 80 basis points and i think Equity Leadership changes ri long with that the kre here is starting to break out, not just relative to s p bu ....
Headwinds for the consumer and continued layoffs and Economic Uncertainty and the lack of additional stimulus from congress so can this consumer remain resilient. Pete, throw anything at the consumer and it seems like he or she will continue to spend it does seem that way its amazing mel by the way, its good to see you. When you break it down its about a couple of Different Things and stimulus is out there and by the time they get into two or just after the elections i think well start toy so more stimulus if we dont see it sooner than that, that will help, but anybody thats got ecommerce exposure and they have it on the Positive Side like target, like walmart and home depot, lowes and so many others and they have the digital side and retail is doing very, very well. If they dont, then many of those are definitely ....
Verge of another 40 move higher. Goldman sachs says yes and well explain the math that has them so bullish. But we start off with the markets. The dow and s p with strong gains. Soaring 247 points after a rate hike is a real possibility for december. So did the fed flash the buy sign for stocks and what should you be doing with your money right now, pete, what do you say. On monday weigh talked we talked about this. I said look at the way the financials traded. They were higher in the session and as we got into the afternoon we saw the minutes come out and talking about whether or not it was appropriate, it sounds like they said it is appropriate for a hike. Then you look at the financials, the way they took off. But technology was strong all day. I know it was apple and that was because of Goldman Sachs putting it on the conviction buy list. But you look at technology, it was microsoft and cisco. Then look at amazon. Names all ove ....
GLENS FALLS, N.Y. They don’t have a single player among the ECHL’s Top 20 scoring leaders. They just win and they hope to extend their first-place North Division lead with three games this weekend, starting Friday at home (7 p.m.) against the Maine Mariners. The teams will square off again on Saturday in Portland […] ....
GLENS FALLS, N.Y. They don’t have a single player among the ECHL’s Top 20 scoring leaders. They just win and they hope to extend their first-place North Division lead with three games this weekend, starting Friday at home (7 p.m.) against the Maine Mariners. The teams will square off again on Saturday in Portland before Adirondack returns home Sunday to play the Trois-Rivieres Lions, which they crushed, 6-1, on Wednesday in Canada. Six different Adirondack Thunder players found the net and goaltender Vinnie Purpura stopped 36 shots, improving his record to 9-1-2 with a 2.35 goals-against average. On Thursday, […] ....