This Week On Wall Street
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SP500 Futures
Jayhawk Rescue
A Coast Guard Sector San Diego MH-60T Jayhawk helicopter crew conducts a search and rescue demonstration in San Diego Aug. 10, 2019.
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Never…Been…Lower
On Wednesday the TYX(CBOE 30 Yr. Treasury Yield Index) fell below the previous all time lows set back in July of 2016.
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379 Were Bigger
The media made a huge deal of Wednesday’s steep sell off.
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HOG Update
At today’s low shares of HOG are off over 24% from the 2019 highs and 45% from the 2018 peak.
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The Inversion
The 2 year/10 year inversion ‘may’ indicate trouble ahead.
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Eastman Chemical Update
At this week’s low EMN was down over 35% from the September highs and 20% from the 2019 peak.
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SPY
SPY has held the 200 Day and is again testing the 50 Day (resistance).
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US Steel(Double Bottom?)
This week X is retesting the May/June lows($11.75).
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Polaris Update
Polaris continues to consolidate above support following the post earnings surge.
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