Matthew Miskin, CFA
Matthew Miskin, CFA

@matthew_miskin

3 Tweets 1 reads Aug 14, 2023
There are some big charts at big levels to watch this week ๐Ÿงต.
The first is the #USD index #DXY, after a significant breakdown it has made a bit of a comeback. This bounce is not exactly looking like a downtrend. @Factset
The 10 yr. Treasury yield is at a break out or fake out level. It is just about at prior highs of 4.23% at 4.18% this morning. Last time it was this high before October of 2022 was 2008. Has not been responding to data or macro risks as of late, technicals in charge. @FactSet
@FactSet The Nasdaq/Tech related #stocks have been an engine of the equity rally this year with nearly non-stop 4-5 month uptrend. That trend looks to be breaking down. Perhaps this creates a market rotation (defensive sectors getting a bid), but otherwise this poses a headwind. @Factet

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