Go offline with the Player FM app!
Markets Pump Brakes on Rally, Yields "Path of Least Resistance" Higher
Manage episode 482798091 series 3645668
"How much upside bullish momentum was due" to Monday? That's the question Charles Schwab's Joe Mazzola weighs when turning to today's range-bound trading action. He points to a VIX crush and the SPX's 23 P/E ratio as culprits behind the slowdown. Kathy Jones adds that "the Fed is not going to come to the rescue" when it comes to interest rate cuts. She says the 10-year yield's move higher will be dependent on economic data.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6D
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – https://twitter.com/schwabnetwork
Follow us on Facebook – https://www.facebook.com/schwabnetwork
Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/
About Schwab Network - https://schwabnetwork.com/about
4625 episodes
Manage episode 482798091 series 3645668
"How much upside bullish momentum was due" to Monday? That's the question Charles Schwab's Joe Mazzola weighs when turning to today's range-bound trading action. He points to a VIX crush and the SPX's 23 P/E ratio as culprits behind the slowdown. Kathy Jones adds that "the Fed is not going to come to the rescue" when it comes to interest rate cuts. She says the 10-year yield's move higher will be dependent on economic data.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6D
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – https://twitter.com/schwabnetwork
Follow us on Facebook – https://www.facebook.com/schwabnetwork
Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/
About Schwab Network - https://schwabnetwork.com/about
4625 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.