Season 1 · Episode 180
Nasdaq, S&P 500 Snap Win Streaks As Yields Spike; TJX, Palantir, PHM In Focus
The 10-year yield spiked after another weak bond auction.
November 9, 202316m 12s
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Show Notes
Small caps lagged badly again and breadth was nearly 3-to-1 negative on both exchanges. The Nasdaq halted a nine-session win streak and marked a distribution day, its first since the Nov. 1 follow-through day. TJX held up well ahead of next week’s earnings report, while Palantir and homebuilder PulteGroup have been drifting lower in light volume.
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