That Average Bond Auction Sparked a Weird Reaction In Stocks Today

[Spotlight] Daily Video Newsletter Thursday, April 11, 2024 Welcome to the Thursday edition of the TheoTrade Report. ================================================ [Free TheoNight Report - for Thursday, April 11, 2024 by Blake Young - That Average Bond Auction Sparked a Weird Reaction In Stocks Today]( Despite offering some of the highest yields in recent memory, Uncle Sam is having a tougher and tougher time selling bonds right now. Demand at yesterday’s 10-year auction was abysmal, which tells me there’s not much appetite for that particular flavor of Treasury debt. Today’s 30-year Treasury auction was… “average” if you’re being charitable - or you believe what you see in the mainstream financial media. I’d call it a miss, though. The bid-to-cover (the amount of bonds offered for sale divided by the total dollar amount of bids) was weak at 2.37, and lower than the last 30-year auction. We can talk about the implications of a government beginning to struggle to secure creditors despite high yields - but that’s a whole ‘nother can of worms. Either way, in the here and now, investors are clearly not feeling great about the odds of a Fed rate cut this summer. But after the auction something downright weird happened. After an auction like this, you’d expect stocks and bonds to sink and yields to spike… but what we got was a bounce in bonds and a spike in equities. Let’s unpack that - it’s significant… [Click here to watch the video](=) The Only Stocks You Should Be Trading There are around 2200 listed companies and exchange-traded funds out there, and folks are able to trade options on almost 900 of them. I’m here to tell you, toss 90% of those names - forget ‘em. [These are the stocks and ETFs worth looking at right now](). Recent Media Appearances by TheoTrade Jeff Bierman talks A.I. with YahooFinance LIVE [Click here to watch and read the interview ](=) Follow Us on Twitter for Free Market Updates Throughout the Day: [(=) NEW MEDIA CHANNEL - JOIN TheoTRADE on RUMBLE [TheoTrade Rumble Channel](=) NEED HELP? LOOKING FOR MORE ADVANCED TRAINING? CALL OUR VIP CONCIERGE SUPPORT TEAM: (623) 244-5657 For live updates throughout the week join the TotalTheo® Unlimited Monthly Streaming: [() Get 6 Months Membership Access for FREE [Click Here to Open and Fund a NEW tastytrade Account](=) Follow these step by step directions: 1. To open an account with tastytrade and enjoy an additional 6 months of TheoTRADE membership, start by clicking the button below.. 2. Follow the directions on that page to open a new account. 3. Fund the account with a minimum of $2,000 in the next 30 days and keep open for at least 6 months. 4. IMPORTANT: After the new account is open AND funded email support@theotrade.com so we can verify your new account. Please note it may take us up to one week to verify your account from the time you email us. 5. TheoTrade will then provide you membership access for 6 months! [Click here to get started now...]() Disclaimer: Neither TheoTrade or any of its officers, directors, employees, other personnel, representatives, agents or independent contractors is, in such capacities, a licensed financial adviser, registered investment adviser, registered broker-dealer or FINRA|SIPC|NFA-member firm. TheoTrade does not provide investment or financial advice or make investment recommendations. TheoTrade is not in the business of transacting trades, nor does TheoTrade agree to direct your brokerage accounts or give trading advice tailored to your particular situation. Nothing contained in our content constitutes a solicitation, recommendation, promotion, or endorsement of any particular security, other investment product, transaction or investment.Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Past Performance is not necessarily indicative of future results. TheoTrade 16427 N Scottsdale Rd Suite # 410 Scottsdale, Arizona 85254 United States 1 (800) 256-8876 If you no longer wish to receive our emails, click the link below: [Unsubscribe](