IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
The bull case for stocks has to involve strong performance from the FAANG names. Gap higher for AMZN puts it near Fibonacci resistance around 140. Enough buying power to push above this key level of resistance
IN THRE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
Since the Fed meeting last week real yields have been falling across the curve. Here we can see both 5 and 2 Year Real Yields falling back into negative territory, while 10 Year Real Yields are dancing right above 0. :