We barely end in the green, except for ES. It was an awful day to trade unless you caught the opening gap close reversal and shorted oil above 80. Semis and financials were down all day and even bonds caught a bid, but option players kept everything from falling apart ahead of next week. There is also the hope that the Feds will cut 50 basis points. I'm not sure they will, but 25 is now definitely priced in.
TNX is seeing continued resistance at 4.5%.
TNX is seeing continued resistance at 4.5%.
This entry was posted
on Friday, September 14, 2007 at 9/14/2007 04:14:00 PM.
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