The Key Market Indicator Is Entering “Dangerous Territory”

February 18, 2021 12:57PMJUST ISSUED: NEW 127% “BUY ALERT”Based on big news in the markets……we just issued this brand new “buy alert” that could hand you a potentil 127% gain.But you need to hurry before it expires.Click here for the details…The Key Market Indicator Is Entering “Dangerous Territory”Stocks are falling today as investors digest several bearish signals. For the week ending February 12th, the U.S. added 861,000 new unemployment fillings, beating the Dow Jones estimate of 773,000. It’s also the highest weekly jobless claims reading that the market has seen in roughly a month.A labor recovery slump – something bulls seemed to have written off completely over the last few weeks – could wreak havoc on equities moving forward.“This is not the direction that you want to see jobless claims go but keep in mind this could be a small bump in the road as the pace for vaccinations continues to accelerate and cases are down across the country,” said E-Trade Financial CIO Mike Loewengart.But it’s not just unemployment data that has investors feeling down this morning. The 10 Year Treasury yield is back up again today, hovering near 1.3% en route to what could be an even steeper bond sell-off.(…continued below…)

Published by technofiend1

Kazan- Kazan National Research Technical University Казанский национальный исследовательский технический университет имени А. Н. Туполева he graduated in Economics in 1982

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