You forgot to mention Bitcoin is up.
Sometimes these ST noises does matter to the LT though. Take for instance, all 3 major GP locally made a top last August and never revisited it in more than a year but have instead tested lows in a risky level opening up to a potential breakdown.
Personally it is all about timing, get it wrong and it could last a lifetime of recovery as we experience of gold price back in 2013.
Right now that bond yield is saying tapering is very soon. We moved from good economic news to good equity News instead of the old narrative of cheap money stimulus. Perhaps it is the Biden fiscal stimulus? Who really knows!
Today could be tough for this equity sector.
You forgot to mention Bitcoin is up. Sometimes these ST noises...
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