Stocks Analysis by Michele Schneider covering: iShares iBoxx $ High Yield Corporate Bond ETF. Read Michele Schneider's latest article on Investing.com
is behind us, and the result was exactly what we expected: stay the course, most sectors of the market found the obvious as a relief, and the metals rallied, right after I wrote that they would in the last Daily, Jerome Powell said that most likely the next move won’t be a rate hike, the Fed announced they will slow the decline of QT, the idea of 2% inflation is on a back burner, and now we revisit Operation Twist.
The chart shows that HYG still must contend with moving above the pivotal area of 76.50 and the January 6-month calendar range low. While HYG is holding the 200-day moving average, real motion shows that momentum remains below and in a bearish divergence.We are happy with the green today.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.would like to remind you that the data contained in this website is not necessarily real-time nor accurate.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Why Follow Junk Bonds?Bonds Analysis by Michele Schneider covering: iShares iBoxx $ High Yield Corporate Bond ETF. Read Michele Schneider's latest article on Investing.com
Read more »
When Silver Looks Bad, It’s Usually a Sign of a BottomCommodities Analysis by Michele Schneider covering: XAG/USD, US Dollar Index Futures, Silver Futures. Read Michele Schneider's latest article on Investing.com
Read more »
Retail Stocks, Chips: Weekly Price Consolidation to Spark Explosive Breakout?Stocks Analysis by Michele Schneider covering: SPDR® S&P Retail ETF, VanEck Semiconductor ETF. Read Michele Schneider's latest article on Investing.com
Read more »
Pregnant Lea Michele Shows Off Baby Bump on the Red Carpet After Announcing Baby No. 2The 'Glee' alum has a big reason to smile on the red carpet -- her second child on the way!
Read more »
Pregnant Lea Michele Shows Off Her Baby Bump at Red Carpet EventLea Michele stepped out for the first time since announcing her second pregnancy, attending a benefit in New York City
Read more »
Lea Michele Shows Off Red Carpet Maternity StyleOne week after announcing her second pregnancy, Lea Michele attends a charity event in New York City wearing a floor length Michael Kors halter dress from the designer’s 1970s-inspired spring 2023 collection.
Read more »