COMMODITIES ARE NOW SWOONING

BOND YIELDS ARE TUMBLING, TOO

BUT THE DOLLAR IS SURGING AND THAT ISN’T GREAT FOR MULTINATIONAL STOCKS

VALUE STOCKS SLAMMED

GROWTH STOCKS EDGING HIGHER

I love this action and think we must pay attention.  I would not panic on steel, but the conversation has changed dramatically. Conversely, those revolutionary tech names in cloud, and other areas of the new digital world, act great, Chips are getting an extra boost from tax breaks in the bipartisan infrastructure plan that is gaining traction. 

The most intriguing action is the drop in bond yields. Folks, Wall Street cannot climb on a ledge and scream about impending doom when the ten year gets to 1.75% but act like the bond market is irrelative when the yield slips below 1.50%. 

Energy is underperforming, as oil fell more than 2.7%, and dipped below $70 per barrel. Technology is the best performing, as investors huddled in some big tech stocks such as Snowflake (SNOW), Shopify (SHOP) and Twilio (TWLO).

Keep watching and know the fundamentals of what you own for the ultimate guidance.

And I am here, too.