No, the 2 year yield decided. There is a guy blabbing on and on about “why do we have such a dovish Fed?” with such a good economy. These guys in bow ties always seem to be the most annoying; and this one just won’t stop it. I had to turn him off in order to finish this post. Jesus, he was drilling holes in … Continue reading The Fed Decides!
So many stock prices were so beaten down, in the short-term there was nowhere left to go but up. That’s what bounce buying is I guess. SIMO was added around about the Christmas Eve masscre, when I did a chunk of my bounce buying. I’ll take the 16% given a modest beat of expectations and… As we have noted in NFTRH, Silicon Motion actually benefits … Continue reading Take SIMO Profit for Same General Reason as AAPL
It’s our old friend the 2 year yield and its relationship to the S&P 500. The last time we checked in with this chart we noted that there was not yet a negative divergence between the 2yr yield and SPX. We have also noted that there was such a divergence in warning of the 2008 crash to come off of SPX Hump #2, but no … Continue reading A Talky Bond Yield Chart With a Story to Tell