Pages

Thursday, February 27, 2020

February: One Hell Of An Ugly Month

My earlier February warnings have materialized for the S&P 500 Index, TSLA, FNGU, the Nasdaq Composite Index, & OIL...while some money rotated into GOLD...





Here's where these markets closed today (Thursday)...one more day to go to month end...






So, yes, Investing.com, it has been one hell of an ugly month for Tesla...et al.


BOTTOM LINE:

Keep an eye on the 10-Year Treasury Yields (today's earlier post) to gauge whether money continues to pour into US Bonds and out of equities, or whether that reverses any time soon.