Sharp drop in bond prices, North Korean nuclear test, ECB inaction, Fed’s comments, all serve as good excuses to sell stocks
Interest rate sensitive groups fall hard (XLU, IYR, IYZ, XHB) Bonds break pennants to the downside Dollar looses ground (slightly) Gold not out of the danger zone Oil may be headed for a retest of resistance @ $50 XLE again at resistance NATGAS may be ready for 52-week highs Watch this video on YouTube |
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