Turnaround Tuesday Stalls At Technical Resistance; Bitcoin & Bond Yields Higher A lack of ongoing collapse in the yen overnight (did BoJ quietly step in?)… Source: Bloomberg …and no new macro news to feed the recession narrative, provided just the recipe for a Turnaround Tuesday rally in stocks. Notice that the entire US equity complex moved together (no cycs vs defs or tech vs energy or small vs large diffs) and each time the indices tested back down to unchanged, a mysterious bid magically arrived. As we note below, once the S&P hit its 100DMA, all the majors started selling… — Continue at ZeroHedge News : Read More
Home » Turnaround Tuesday Stalls At Technical Resistance; Bitcoin & Bond Yields Higher – Tyler Durden