23 replies to this topic

[redfoliage2]

The recent rise in bond yields has been promoting the usd-yen carry trade. Usd/yen exchange rate kept going up with the bond yields. So the stock market actually gets additional liquidity support from BOJ. With more liquidity on the way from the relief fund in the next few week lets see if bears could stop the bull run .......,.

Edited by redfoliage2, 04 March 2021 - 12:35 PM.

[12SPX]

I'm not surprised to see the market stopped bleeding today.  NYAD was up yesterday at the close when the market was down big indicating the selling was unsustainable............................................

oops lol, hopefully see some kinda move for the employment report later today!! 

[redfoliage2]

The real problem is the Fed, that started promoting higher rates creating a liquidity crunch since Trump stepped down.  Maybe this is the time for a crash ......................

Edited by redfoliage2, 04 March 2021 - 01:29 PM.

[redfoliage2]

Maybe a ST bottom here, but let's see if the gap-up will hold or not...............................