US yields are heading to new highs after Fitch’s announcement that the US will remain in a negative credit control (to be resolved in Q3).
The two-year yield was up nearly 4.5%, up 15 basis points, and 4.491%. The 10-year yield was 3.681%, up 7.3 basis points. The high yield was 3.691%.
Tests 10-year return with 100/200 hourly moving averages
Looking at the 10-year hourly chart fruit
fruit
Yield represents the earnings generated from an investment or security over a certain period of time. Returns are usually presented in percentage terms and are in the form of interest or profits received from them. These numbers do not include price changes, which separate them from the total return. Thus, the yield applies to different rates of return on stocks, fixed income instruments such as bonds, and other types of investment products.
Yield represents the earnings generated from an investment or security over a certain period of time. Returns are usually presented in percentage terms and are in the form of interest or profits received from them. These numbers do not include price changes, which separate them from the total return. Thus, the yield applies to different rates of return on stocks, fixed income instruments such as bonds, and other types of investment products.
Read this termthe high return experienced a 100-hour drop moving average
moving average
A moving average is a statistical tool used to smooth out short-term fluctuations in data and reveal long-term trends. It is calculated by taking the average of a given number of data points over a specified period of time, and then plotting that average as a line on the graph. The most common types of moving averages are simple moving averages (SMA) and exponential moving averages (EMA). In the financial markets, moving averages are often used to analyze stock prices, exchange rates, etc.
A moving average is a statistical tool used to smooth out short-term fluctuations in data and reveal long-term trends. It is calculated by taking the average of a given number of data points over a specified period of time, and then plotting that average as a line on the graph. The most common types of moving averages are simple moving averages (SMA) and exponential moving averages (EMA). In the financial markets, moving averages are often used to analyze stock prices, exchange rates, etc.
Read this term at 3.688% (it moved above the level briefly, but then pulled back). A move higher will have traders looking towards the 200 hourly moving average at 3.705%.
The low return this week was 3.570% yesterday. This has lifted the yield below the 50% midpoint of the move up from the May 11 low of the 3.60% region.
Meanwhile, stocks are relatively unfazed:
- The Dow Industrial Average rose 670.84 points, or 2.03%.
- The S&P rose 62.46 points, or 1.48%.
- The Nasdaq rose 142 points, or 1.08%.
There is a crack in the Nvidia bandwagon. It fell – $4.20 or -1.0% on the day.
However, if you look at Adobe, after falling earlier this week, it’s up 5.21% this week after rising 11.89% last week and 10.67% the week before. Today, the price is up $10.34, or 2.42%. The move took the price above the 200-week moving average at $429.58. The 100-week moving average comes in at $448.43 and is the next target. In between, 38.2% of the move is down from the November 2021 high. This level comes in at $437.01.
Adobe is in the process of testing the 200/100 week moving averages
