Rates go up, bond prices turn down ... market goes to risk off

Discussion in 'Technical Analysis' started by countryBoy641, Apr 17, 2023.

  1. TNX_6mos.jpg

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    TNX 2 years.jpg
     
    murray t turtle likes this.
  2. %%
    Lets see how it closes on buy monday+ fri close.
    XOM + CVX sector may close down, looks like it ,45 minutes to close/SPY /qqq uptrending again + most of the year.
    Copper is a 57% buy[43% sell] barchart.com rates it;
    SPY 100% buy, short med long term, barchart rates it.
    CVX is 24% sell, 76% sell. Not a stock tip, prediction or bank insured
     
    trader221 likes this.
  3. Innervoice

    Innervoice

    Im curious to see what happens if earnings are bad and yields still go up.
     
  4. Yes, that is stagflation.
    It should be a "one-off".
    Except if the government (the ruling class) has a mind of its own.