Time to Take a Breather???
- The stock market is showing signs that it’s getting “tired,” so it could be due for a bit of a pullback soon…which would actually be normal and healthy.
- Long-term Treasury yields continue to rise. If they move much higher, they could finally create some headwinds for stocks…because a further rise in yields would signal an important change in the intermediate-term trend.
- When it comes to China, keep an eye on South Korea’s KOSPI index. It’s very close to an important technical support level.
This post is for subscribers on the Before the Open and All-Access tiers only
Try 14 Days FreeAlready have an account? Sign in