Lions.. YES I am following the 10yr yield! Always.
As I am writing this the 10yr is 2.48% with a flat dollar/DXY.
The MMRI is currently 152.3, RISK IS CLIMBING.. Click HERE: https://traderschoice.net/about-traders-choice/
What we are seeing is a market which is pricing in more hikes however… IF we begin see the 10 year spike rapidly from here, meaning 3%, 3.5%, etc- that would be a warning to cut back on exposure to equities.
As always, I will keep you posted on this…
GM
Thank you Greg. You are a freakin warrior.
Mannarino for President! 👍