The Maley Report

The Maley Report

Before the Open

Tomorrow's Employment Report Could Be The Catalyst For Another Big Move

The yield on the 10yr Treasury note stands at a key technical level

Dec 05, 2024
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  • The continued rally in bitcoin (now above $100k) and Chairman Powell’s comments about the economy pushed the market higher yesterday. However, the tech stocks were still the key to this further advance.

  • The Treasury market stands at a key technical level, so tomorrow’s employment report could/should be quite important (just like it usually is).

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