Dear Members, KEY EARNINGS REPORTS: Friday: ANN, BIG Monday: CONN, KKD MARKET NOTE: We're seeing a bounce in the 10 year treasury yield ($TNX), but the same theme keeps playing out - defensive areas of the market are attracting the majority of the…
Dear Members, KEY EARNINGS REPORTS: Thursday: ANF, COST, GES Friday: ANN, BIG MARKET NOTE: The 10 year treasury yield ($TNX) has fallen further and now appears to be heading for 2.25% or possibly even lower. Falling yields generally precede falling…
Dear Members, KEY EARNINGS REPORTS: Wednesday: BMO, CHS, DSW, KORS, TOL Thursday: ANF, COST, GES MARKET NOTE: The short-term action is mostly bullish, despite the profit taking that's been seen in early action today. There is one BIG problem…