The Fangs have been struggling with TNX making persistent Higher Highs.
Apple took a large hit Thursday, MSFT AMZN GOOGs NFLX NVDA as well.
FInaincialas are in trouble If they do not begin to wane on the decline soon.
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2.88 to 3.22 is the new implied range for 10 Year Yields.
XLF 36.22 PO.
NQ Bank, lower.
DX PO 101.38
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Bulls have failed at larger overhear resistance too many times now.
Rescue operations have failed while the VIX continues to compress within its larger range.
EPS for Q1 has been unkind to Financials.
Trading gains are synthetic, growth is a non-event as 30 year Fixed crossed 5%.
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A toxic environment is developing...
Apple took a large hit Thursday, MSFT AMZN GOOGs NFLX NVDA as well.
FInaincialas are in trouble If they do not begin to wane on the decline soon.
____________________________________________________________________
2.88 to 3.22 is the new implied range for 10 Year Yields.
XLF 36.22 PO.
NQ Bank, lower.
DX PO 101.38
_____________________________________________________________________
Bulls have failed at larger overhear resistance too many times now.
Rescue operations have failed while the VIX continues to compress within its larger range.
EPS for Q1 has been unkind to Financials.
Trading gains are synthetic, growth is a non-event as 30 year Fixed crossed 5%.
_______________________________________________________________________
A toxic environment is developing...