Livestream. On Time, 4:05PM Eastern.
From Greg M
Lions. Right on time! The livestream will begin at 4:05PM Eastern.
I hope to see you there.
GM
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© 2025 Gregory Mannarino
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Lions. Right on time! The livestream will begin at 4:05PM Eastern.
I hope to see you there.
GM
No posts
10YY cratering along with DXY, and market still trying to pump before close...seems like another pan sell off before and/or after market hrs, but this pump is trying to get bulls to chase it.
The debt market is now doing the inverse of what it should...10YY and DXY move higher, market moves higher....10YY and DXY move lower, market moves lower. It is because a lower 10YY and DXY are hinting to the market that the FED is signaling rate cuts. Further sell off in Yields and DXY cause profit taking to resume.
Right now, the market is just gapping up ignoring the current situation in the debt market at this moment, and it's going to give a wake up call by tomorrow. Nothing bullish about this..and this mechanism will keep forcing people to buy the dips until Powell himself states that the FED has cut rates.
My older sister had a car just like that and the mexicans were always bugging her to sell it to them..LOL..good times.