The Harsh Reality About “S&P 5000”
Hey, it’s Ross Givens here with the Chart of the Day. Watch out for a potential breakout in the 10-year US Treasury yield, historically correlated inversely with stocks. If it surges, brace for a stock rally resistance, possibly triggering a sustained pullback. With the S&P 500 eyeing the psychological 5,000 mark, this resistance adds complexity. While the rally might temporarily stall, there’s an ongoing opportunity to seize. Learn how to navigate this dynamic market in the Insight of the Day.