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Market Recap for Wednesday, October 3, 2018 The 10 year treasury yield ($TNX) did the inevitable - it closed above 3.11% and the TNX now resides at a level not seen since 2011. There will be those who say that higher interest rates will be the beginning of our next recession. Eventually they could be right, but in the foreseeable future, I'm not buying it. The Fed's rate Read More
One of the names that popped up today on my alert for potential "Turtle Soup" setups is KIM. After opening up the chart for further inspection I noticed an interesting situation. It is very clear that the stock is in a trading range since June. The upper boundary around Read More