As talk around inflation has gone up several notches, the 10-year treasury yield sits on triple support. A breach has room to squeeze TLT shorts. Inflation is front and center. It is perky. As recently as February this year, core … Continued
Since bottoming at $47.37 early February, XLU ($50.13) has made higher lows, with the 50-day moving average flattish and the 10- and 20-day flattish to slightly rising. Encouraging if you are a bull, but at the same time the $51 … Continued
Here is a brief review of period-over-period change in short interest in the January 16-31 period in nine S&P 500 sectors. XLB (SPDR materials ETF) XLB (58.42) shorts gave up as the ETF continued higher, rising to a new all-time … Continued
Having stopped responding to improving U.S. fundamentals, the US dollar index currently sits at a confluence of technical support. The U.S. economy in recent quarters has put up strong numbers. Real GDP in 4Q17 grew at a seasonally adjusted annual … Continued