Financials (GS & MS) and semiconductors (ON, AMAT, AMD, SOXL) staged an early rally as the S&P 500 was moving higher along with the VIX. That all changed as bonds caught a bid and saw many of those names fade from their highs.
Video length 00:15:40
Bonds Spoil The Party As SPX Fades
Financials and semiconductors staged an early rally as the S&P 500 was moving higher along with the VIX. That all changed as bonds caught a bid and saw many of those names fade from their highs.
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