Mixed signals as interest rates spike, $TLT

GMI4/6
GMI-23/8
T210830%

While the GMI rose to 4, the QQQ may enter a short term down-trend on Friday. Many of the recent leaders have cracked: FB, NVDA, WB. I am preparing to wade into SQQQ if the QQQ is weak on Friday. Interest rates are spiking, as shown by the gap down in the 20+ year treasury bond ETF, TLT, on Thursday.

screen-shot-2016-10-27-at-11-28-33-pm

 

1 thought on “Mixed signals as interest rates spike, $TLT”

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: