Mike's Mid Day Minute is available to members on Monday, Wednesday & Friday evenings, with one article per week available to non-members. Members please login and see "Mike's Mid Day Minute" in the navigation menu towards the top of the page.

Long Bond Yield is Challenging Important Resistance as Friday's Jobs Report Approaches

Heading towards Friday's Jobs Report, amid a barrage of increasingly hawkish comments from Fed Heads about a forthcoming rate hike before year end, let's notice that 10-year YIELD is pushing up against key resistance at 1.75%, which, if hurdled and sustained, should trigger upside follow-through to 1.95% - 2.00%.

The next directional catalyst that could trigger either a thrust towards 2%, or a major downside reversal from 1.75% back towards 1.50%, will occur in reaction to Friday's Jobs Report.

  • Action-Oriented Trade Set-Ups in Stocks & ETFs
  • Macro Analysis of the Broader Markets
  • Detailed Technical Guidance for each Trading Idea
  • Live Interaction w/ Mike & Our Member Community
  • And Much, Much More!
Join Now! - Special Offer!
Veteran Wall Street analyst and financial author, Mike provides detailed and timely analysis and trade set-ups on a range of markets. Read more...

Have Mike's “Out Front” morning analysis delivered FREE to your email inbox twice weekly!