“A really interesting divergence between the dax and the 10yr this am .... I saw it a bit yesterday also.”
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10 yr yield or 10 yr price? Also, I’m having trouble wrapping my head around any identifiable causation between the DAX and the TNX, but that’s certainly not to say there couldn’t be one.
I’ve never played currencies directly, but I do use the $USD as an inverse indicator of sorts for US stocks. As $USD goes higher, US stocks get more expensive for foreign investors, putting downward pressure on US stocks. The inverse is true as well, of course.
Apparently, the tech sector market today is currently not liking NVDA’s chances this evening. QQQ not getting crushed, but it is disappointing to me with my QQQ buy yesterday. I’m down about 50 bps on that. Your SQQQ is looking good for now.
“10 yr yield or 10 yr price? “
yield ....
what I generaly see is ... as the yeild goes up , demand for $ as reflected by dax goes up .
As the yeilds go down .. demand for $ goes down...
an elastic connection...
But ... it looks like I can buy cheaper dollars ... buy better bonds .... then when the spread tightens ..I can sell my better bonds for better dollars.
Not what what I’m used to seeing.
“Your SQQQ is looking good “
already swung tqqq @ 55 .... I was a bit slow on the trigger this am...
I’ve thought about hedging out with some options, but my nerves of steel keep telling me to hang in... I still like that 17500 NDX ..at the moment it’s moving my way ...if those red unicorns would just stop running. ...
..GREEN Candles .... and away
(sort of the superman thing)
dax .... - DXY
my bad ... too many letters and numbers running in my head ..
I think I’ll go take a walk in the woods.
I’m old ... I am allowed to be bafuddled