Another indicator
If you have say 20 - 30 commodity stocks on your trading platform what do YOU SEE?
RED? I do!
And most of them are down 3 - 4 - 5 some even 6%
Today was a big hit from the US FEd .
And the market will find its footing.
Its having a slight temper tantrum., but real yields in my view are even more NEGATIVE.
So too me this is a head fake, too rattle some out of their shares not just here but across the commodity boards.