BOND RALLY DRIVES STOCKS, TAIWAN SEMI SHOWS AI DEMAND, MANIPULATORS HAVING A HEYDAY WITH QUANTUM
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
Bonds Are The Leading Indicator
Please click here for a chart of 20+ year Treasury bond ETF (TLT).
Note the following:
- On January 10th, we wrote in the Morning Capsule:
Bonds are now very oversold. For this reason, bonds may see a technical bounce. The bounce in bonds means yields pulling back. If yields pull back, the stock market will rally.
- The chart shows that bond ETF TLT previously touched the top band of the support zone.
- The chart shows that bonds rallied on cooler core CPI.
January 16, 2025