The largest mass shooting in US history, and naturally equities are at lifetime highs again. Anyway, one chart that remains interesting is that of high-yield corporate bonds, which remains mashed up at the top of a very long-term channel.
The largest mass shooting in US history, and naturally equities are at lifetime highs again. Incredible. Anyway, one chart that remains interesting is that of high-yield corporate bonds, which remains mashed up at the top of a very long-term channel. I recognize that a dividend was issued and that partly explains today’s weakness, but the downturn from a few weeks ago is more substantial than the dividend. I’ve provided a detailed view of recent activity.
(Click on image to enlarge)
This is not meant to be a recommendation to buy or to sell securities nor an offer to buy or sell securities. Before selling or buying any stock or other investment you should consult with a qualified broker or other financial professional. The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. The author wrote this article themselves, and it expresses their own opinions. The author has no business relationship with any company whose stock is mentioned in this article nor is receiving compensation from any of the companies mentioned.
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