Market Outlook: Assessing Conditions After Two Weeks Of Gains | Your Daily Five (11.21.23)TG Watkins talks about the interest rates and bonds that he has mentioned in the past. He starts with the 10-Year Treasury Yield which indicates a pullback. Now, the Nasdaq is breaking out to new highs which, are great, & bad. At this point, he would not be initiating new positions. Overall, the market is looking good, but just be aware of the condition after two weeks of being up.
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00:31 CBOE 10-Year Treasury Yield ($TNX)
02:17 Breadth Cycles ($SPX)
03:45 QQQ Trust (QQQ)
05:34 Nasdaq 100 Equal Weighted Share (QQQE)
07:13 Ferrari (RACE)
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