15 Necessary Components for the Next Leg Higher [View article]
#16 -- watch emerging markets as leading indicators for US market -- FXI, EWZ and other indications of global growth to get energy, materials, and industrials the next move up.
#17 -- watch dollar and commodity to get next leg of reflation trade.
#18 -- watch 10-year treasury yield; let's see if yield rises due to global growth / future inflation expectations as opposed to failed auctions.
15 Necessary Components for the Next Leg Higher [View article]
#17 -- watch dollar and commodity to get next leg of reflation trade.
#18 -- watch 10-year treasury yield; let's see if yield rises due to global growth / future inflation expectations as opposed to failed auctions.