261 days ago • Posted by Paul de La Baume
Markets moves to Extreme Fear. #trading #stocks $SPY $QQQ
Yields for US 10-year treasuries are having an enormous move on the downside again today as investors panic, in fear of further contagion in the banking sector, plus tougher regulations that could come in the future. The dollar is making a strong move on the downside. The lower dollar and plummeting yields is good news for stocks, however. Once stocks stabilise from severely oversold levels, traders could find attractive opportunities. In the meantime, markets are behaving with high volatility and fear as the main driver.