It's a little bit rare for the averages not to move together, the NASDAQ has been weak all morning, now the SPY and DIA are joining the NAZ. This may be simple year end selling, but the macro environment that I showed is last night's wrap post isn't looking to good either.
DIA 10 minute
SPY 1 min
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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