Does the Fed look at this statistic? It's marked "market moving" on this economic calendar that I am looking at.
%% Most likely\ main trend\ is still down. Turn around Tuesday is strictly a short term deal, named by Stock Traders Almanac............
How odd that this turtle person would like this. Then I looked, your new here. That explained everything. I think Murry turtle is a bot.
What are your thoughts on tomorrow's PPI number? Is it going to impact Fed's policy and the market in any way? If so, how?
Equities in general need to see that the bond market has stopped caving in (inverted). 2 year last night close at 3.40 % 10 year currently at 3.34 % Bonds not turning today.
%% OK; but plenty buy stocks + ETFs reqardless how much money bonds lose. Or inverse ETFs or reguardless of fixed income ; if bonds get into teens[yield,] may make a bit of difference\LOL TREND[partly 10 years+ YTD] is still mostly down in stocks + ETFs.................................
I would not invest in stocks just because bonds stop going down. I would prefer to buy equities that can go up when rates go up. 10 year T-Note running low on gas on the recent bear market move.
Looks like PPI's number didn't make much of a dent on the market today. It was relatively flat today. I will downgrade the importance of this PPI number in the future. I guess all eyes are on the Fed tomorrow.
%% HOW many bots have ever corrected your post pretending volume is the main thing?? Good thing about you cutting your losses in public, that could mean you know how to cut a loss anywhere??