Strike Analytics

Nasdaq Composite

15 Mar 201805:35 AM

The Nasdaq held the most yesterday. The Dow fell the most as financial stocks were hit on falling bond market yields. Does that make sense? US financial stocks are to do well on rising yields except if yields go up too far I am not sure how they will end up from other side effects of higher yields. In any case the Nasdaq Composite is at new highs and either wave B is done or it will at least go to the 123.6% mark near 7706 before turning down.

nasdaq 150318

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