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Thursday, March 29, 2018

YC2YR 2-10 Yield Spread Daily Chart; US Yield Curve Flattens to New Lows; 2-10 Spread Narrows to 46-Bips a One-Decade Low

The US yield curve flattens to new lows. The 2-10 spread is down to 47.99 basis points; a 47-handle. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.

Note Added Saturday, 3/24/18: The 2-10 spread prints a 46-handle on Thursday, 3/29/18, the narrowest spread since late 2007. The yield curve continues flattening.

Wednesday, March 21, 2018

Keybot the Quant Turns Bearish

Keybot the Quant algorithm flips to the short side on Monday morning at SPX 2730. Watch XLF 28.73 since it will dictate stock market direction in the Wednesday, 3/21/18, trade. As the banks go, so goes the market. As always, more information is found at Keybot's site;

Keybot the Quant

Monday, March 19, 2018

TNX 10-Year Treasury Note Yield Daily Chart

The 10-year yield has closed above 2.80% for 26 consecutive days. Bond bulls win big below 2.80% while bond bears win above 2.95%. In between is sideways noise. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.

Note Added Saturday, 3/31/18: The 10-year yield drops to 2.74% on Thursday, 3/29/18 so the bond bulls are winning. Investors are buying Treasuries as the stock market sells off; a flight to perceived safety into notes and bonds that sends the prices higher and yields lower.

Friday, March 16, 2018

BTSC Bitcoin Services Daily Chart Death Cross

Bitcoin Services, BTSC, prints a death cross with the 50-day MA stabbing down through the 200-day MA (black circle). Bitcoin Services is internet-based and involved in bitcoin mining and in blockchain software development. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision. 

UST2Y 2-Year Treasury Note Yield Daily Chart at One-Decade High

The 2-year yield moves above 2.29% for the first time since September 2008. The Federal Reserve plans to hike the key interest rate next week on Wednesday, 3/16/18, so the short-end yield floats higher. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.