Yup they are hammering it from every angle.. full plunge protection mode. And when that doesn't work, they gap up above the resistance levels! Won't go much longer..November will be something to remember!
In my opinion, i think the massive drop in the Ten Year Yield is because smart money was buying options contracts as the market was falling last several weeks, expecting a firm gesture that rate cuts were around the corner. If those contracts don't reach a PT, they become worthless, and this is why the market is piling on top of itself...just to get out. Why?! Because a FED pause still keep rates higher for longer and still adds upwards pressure to bond yields. If there was assurance that the FED was going to cut rates, i think that the market would've dropped further and there would be more contracts bought up...but because risk is still elevated, and there is potential for even more risk in the next several weeks, they need to dump their contracts that were months out.
It's no more a massive drop in 10 year than every other drop we've seen over the past year. You had a sub 300 MMRI watch just a month or so ago. This happens and then reverses. Big deal!
Yup they are hammering it from every angle.. full plunge protection mode. And when that doesn't work, they gap up above the resistance levels! Won't go much longer..November will be something to remember!
The Hamas soldiers are more civil and humane than Israeli soldiers. 👍😃
Israeli encounters Hamas in home:
https://youtu.be/rD7NI0tGbp8?si=QxzSZjrXlNtXXd9R
In my opinion, i think the massive drop in the Ten Year Yield is because smart money was buying options contracts as the market was falling last several weeks, expecting a firm gesture that rate cuts were around the corner. If those contracts don't reach a PT, they become worthless, and this is why the market is piling on top of itself...just to get out. Why?! Because a FED pause still keep rates higher for longer and still adds upwards pressure to bond yields. If there was assurance that the FED was going to cut rates, i think that the market would've dropped further and there would be more contracts bought up...but because risk is still elevated, and there is potential for even more risk in the next several weeks, they need to dump their contracts that were months out.
All riggs. Did you guys see roku up 30%.
I go over MMRI every morning in my vLog and encourage others to reference it!
It's the easiest indicator to glance at and have a sense of market risk - I used to watch 10yy and DXY separately then extrapolate on my own...
Thank you for creating this! ~Lava
Wow. Talk about monetary manipulation!
LOL, wow!
Nothing fishy about that!
Have the MMRI in the corner of my screen at all times…for an option spread trader it’s a valuable tool, FREE tool. Thanks…
It's no more a massive drop in 10 year than every other drop we've seen over the past year. You had a sub 300 MMRI watch just a month or so ago. This happens and then reverses. Big deal!
The market would LOVE to see risk in this market drop.
Yes. It's disgusting. I hope it reverses again like all the other times and risk accelerates.
Complete Bullshit!!