What Happened to the 10 Year?

Daily Pit Stop [FSTP](   [cm2023]( MARK-et Open  Hey OP Crew,  Griff here with the Chart of the Day.  The US 10-year yield dropped back to the lows today in the face of 2 auctions … $54 billion 2-years and $55 billion 5-years were issued with mediocre demand …  [fstp]  The interesting point is that yields continue heading lower and stocks higher through results …  As I wrote about this morning as you can [see here]( Janet Yellen continues pouring money into the markets … Plus with the bearish engulfing pattern (above) we may see rates continue lower, which could send stocks into a blowoff FOMO frenzie …  Keep watching that US 10-year .. Let's Go! - Bill  [Pit Profits] Want to find YOUR winning fit? Give our Customer Care Team a call at 1-888-872-3301 Monday-Friday from 9 a.m.-5 p.m. EST. Or email them anytime at [support@optionpit.com](mailto:/support@optionpit.com).  Trader's Edge: Major Economic Events Upcoming  Hey Traders,  In today’s video I’ll cover…  - The major economic events you should be aware of - The levels I’m looking for in the S&P and Nasdaq - Some of the stocks that I am watching closely  [Watch the video here!]( - Mark  Power Income: Manipulation of Markets Continues  There is a long history of government manipulation of markets …  It started in the early 1920s under the first Fed chief Benjamin Strong, who deliberately expanded the money supply to stimulate the economy, which led to the roaring twenties, the stock market boom, and its collapse.  Presidents Hoover and Roosevelt further manipulated the markets, which only succeeded in prolonging the 1930’s depression.  Governments and their central banks manipulate the supply of money to maintain stability and liquidity in their bond markets …  This was proven during the great financial crisis and Janet Yellen and Jerome Powell are attempting to prove it again in the 2020s.  Powell has reinstated stability in the price of goods …. Yellen has followed that up with an injection of $140bn in the past month in hopes of engineering a soft economic landing … [fpri] Yellen’s TGA stimulus is driving the decline in bond yields and the weaker dollar.  [What comes next? Click here to find out.]( - Bill  AG’s Views: Nvidia to $500From the Desk of Option Pit Director of Education Andrew Giovinazzi.  In and of itself, me saying Nvidia Inc (Ticker: NVDA) is going back to $500 is just a lark. What’s more important is what the market thinks about NVDA and if it sees $500.  [fstp] 30 Day NVDA chart with 1 day candles Volatilities still crazily skew upward in NVDA after earnings. The earnings call had some negative guidance with respect to China. If anything loosens up there, NVDA will be a moonshot and that is what a lot of money is betting on to keep prices high. [fstp] The market staying strong into Dec will surprise most investors.  That makes it the path of least resistance. If NVDA can maintain its pre-earnings highs, it is likely going higher. I bought a cheap upside butterfly today and posted the idea in the Pro Chat. I might add to the position tomorrow.  -AG  OPTION PIT GLOSSARY [Glossary] There are plenty of terms in the trading world that need explaining. The [Option Pit Glossary]( is here to help. Today’s phrase is: Historic volatility (HV) - Actual movement of an underlying asset over a previous period of time. Generally referred to as HV or realized volatility, and is often given in intervals like 10-day, 20-day, or 30-day historical volatility.  [Questions] You can [Update your preferences]( This email was sent by [support@optionpit.com](mailto:/support@optionpit.com). 1-888-872-3301 [Option Pit]( | 190 S LaSalle Suite 3000 Chicago, IL 60603 | [Privacy Policy]( [Stop receiving OptiPub emails](