Early Dip And Bigger Rip | Watching for More Follow-Through
Did bonds bottom?
Our View
The bonds didn't matter yesterday, but it looks like they do this morning. The ZB (bonds) rallied 2 full points from 138.14 to 140.16. The ES sold off down to 4432.75 on Globex, but is now trading 4463 at 7:00 am. This morning economic reports include MBA Mortgage Applications and Existing Home Sales. TSLA reports earnings after the close, whic…