The US Threatens to Sanction Companies That Don’t Give a Damn
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The Biden Administration claims Chinese companies are helping Russia
rebuild its war machine. The US sanction proposal is laughable. China's
counterthreat ...
2021-10-19
Energy Pops, Long Bonds Drop
Volume is light on the XLE rally today and it hasn't broken yesterday's high. I view this as a shakeout of weak bears. If not and I'm wrong, well TLT is at a low for the day. A clean bullish breakout in energy would push bonds back down and here's a chart showing QQQ and TLT have moved in near lockstep since April. The days of everything going up together are coming to an end.
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