• The late-day bounce in stocks on Tuesday…and this morning’s further advance…are giving stock investors a lot of relief from yesterday’s “scare.”  However, Treasury yields remain at/very-near their recent highs.  Therefore, if those yields do not rollover very quickly, it’s something that could finally create somewhat impactful headwinds for the stock market.
  • Yes, the stock market could easily continue to rally in a significant way, but it is important to note that a change in trend in the Treasury market is taking place…and thus now is not the time for investors to be complacent.
You don't have access to this post on The Maley Report at the moment, but if you upgrade your account you'll be able to see the whole thing, as well as all the other posts in the archive! Subscribing only takes a few seconds and will give you immediate access.

This post is for subscribers on the Before the Open and All-Access tiers only

Try 14 Days Free