Treasury Yields Jump, Stocks Sink, But the Key Factor Affects the Market is…
In recent years, Tech-stocks have become the key sector to drive the rise of U.S. stocks, but since 2022, due to the strong market expectations for the Fed to raise interest rates, the Benchmark U.S. Treasury yields jumped which has slammed the tech-stocks. See the chart below,The Two-year Treasury yields rose above 1% for the first time since February 2020, while 10-year Treasury notes climbed to 1.874%, a yield last seen that high in early January 2020. U.S. bond yields rose rapidly, and U.S. stocks weakened collectively.However, under the expectation of strong interest rate hikes, the decline in US stocks may belong to a panic-style decline, which is normal market performance.In the future, U.S. bond yields are likely to rise. According to Bernanke's framework, the main factors affectin
[VOTE] Tesla Drops 21% From its High, How Low Can Tesla Fall?
1. Musk has sold 70.18% of Tesla shares promised to bear Tesla Inc Chief Executive Officer Elon Musk has sold nearly $13 billion worth of shares since early November when the world's richest person polled Twitter users about offloading 10% of his stake in the electric-car maker. The billionaire sold another 934,091 shares of the electric vehicle maker worth $906.5 million, U.S. securities filings showed this Monday. He also exercised stock options to buy 2.13 million shares of Tesla, according to the filings. Musk has sold about 11,966,421 Tesla shares since November 8, accounting for 70.18% of its previously committed shares (10%). Here is a string of transactions he has done: 2. Musk has just been Granted asTime Person of the Year 2021. Elon Musk was granted the Person of the Y
Hey Tigers! I am Tiger Observer, sharing market information with you! 🔎🔎🔎 I will post the 10 most searched stocks in the Tiger Trade App every Monday. Don't miss my updates!!! WHAT HAPPENED LAST WEEK $Apple(AAPL)$ ascended to new highs on four days last week. S&P 500 closes at an all-time high for the 67th time this year. $Tesla Motors(TSLA)$$Grab Holdings(GRAB)$$Apple(AAPL)$$Alibaba(BABA)$$NIO Inc