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Rates Explode Higher On September 21 Tanking Stocks, But Now Its Time To Watch Spreads
Article By:
Michael J. Kramer
Thursday, September 21, 2023 10:41 PM EDT
Stocks were hammered today as rates increased following hotter-than-expected initial jobless claims and the Fed’s less-than-impressive performance on September 20. The 10-year rate rose 7 bps to 4.48%, while the 30-year yield rose 11 bps to 4.56%.
8 Monster Stock Market And Earnings Predictions – The Week Of July 26
Article By:
Michael J. Kramer
Sunday, July 25, 2021 1:04 PM EDT
This will be one of the busiest weeks of 2021, with all of the mega-cap companies reporting results and an FOMC meeting on Wednesday. It will likely set the tone for the next three to four months for the markets.
Stocks March Higher On July 10, With More Gains To Come
Article By:
Michael J. Kramer
Wednesday, July 10, 2019 6:00 PM EDT
Stocks had a modestly good July 10 with the S&P 500 briefly rising above 3,000 but gave back much of those gains by days end. It would seem that for now, the S&P 500 found a new level of resistance at 3,000.