Posts Tagged ‘treasury bills’
Stocks: Oversold Rally Will Soon be Tested
Thursday, March 12, 2009 16:06 2 CommentsThe Dow Jones Industrial Average rose almost 240 points (3.5%) today. As mentioned in a previous post, large daily percentage gains are more consistent with bear markets than bulls. Todays rally was led by banks and REIT’s, two of the most beaten up and oversold sectors – also consistent with a bear market correction.
Below is [...]
Investors Buy $32 Billion in Treasury Bills with ZERO Yield
Tuesday, December 9, 2008 15:26 56 CommentsToday’s treasury auction outlined the panic that still dominates the financial markets. $36 Billion in T-Bills were auctioned off today which gave a 0% yield. Why would anyone be willing to make an investment in which they are guaranteed to make nothing? The one word answer is “Fear.”
Because treasury bills are direct obligations of the [...]





















