1.Emerging Markets ETF Rallies Right to 200day.
EEM Stopped at 200day …Red Line on Weekly Chart.
Daily Top Ten – September 20, 2016
Daily Top Ten – September 16, 2016
1. 26% Move Up in 10yr. Treasury Yield….33bps. Move is Less Than One-Quarter of the 138bps. Move During Taper Tantrum (May 2013).
TNX-10yr. Yield Chart.
Daily Top Ten – September 15, 2016
1.High Yield Bonds–HYG has seen $1B in Outflows in the last week (Bloomberg), and has closed under the 50dma.
Daily Top Ten – September 14, 2016
The outlook for consumer spending is significantly supported by the increase in home prices seen over the past three years, see chart below.
Daily Top Ten – September 9, 2016
1.ECB Does Nothing Causing Some Overnight Bond Volatility.
Global equities are also lower after the European Central Bank held interest rates at record lows and refrained from adding new stimulus. While President Mario Draghi said the ECB was looking at options to continue its money-printing program, investors were looking for more immediate action, including an extension or expansion of the current plan, or at least clearer hints of future actions.
