rizzoant

rizzoant

Long between 150-154= hard floor of support at the 50 day moving average also indicated as lower end of the one year regression channel. IF 50 day is broken, stock is immediately supported by 100 day moving average ans also backed by a trend of higher highs and lower lows.

rizzoant Updated 

The 10 year treasury has been being hit with massive amounts of buying from overseas funds that has been pushing our yields further lower even though the Fed raised rates .25 basis points to 1-1.25 in June and keeping the tone for another later this year (possibly December), along side the restructuring of the balance sheet that will release bonds and mbs from the...

rizzoant

For the past few months bank stocks have been getting hammered by the falling 10 year despite solid earnings beats and the raising of the Federal Funds rate by 25 basis points to 1-1.25. However, since the bottom of the XLF in late May @ 23, the XLF has been successfully able to hold its support and now after the stress tests results showed positive cash flows...