• It was a very good day for the stock market yesterday.  The action (and the “internals”) we see during the “next dip” (whenever it comes) should be important as to how the market moves over the rest of August and into September.
  • As for the bond market…on the technical side of things…the yield on the U.S. 10-year Treasury note is sitting at a critical level on its longer-term chart.

 

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