In today's ThinkTechnical we'll explain in detail the impact rising bond yields tend to have on the stock market. There are three main ways higher yields can hurt stock prices…make sure you know what they are!
We'll also look at the technical picture for key stock markets including the Nasdaq Composite in the USA and the Shanghai Composite in China, and Bitcoin, Gold, and Crude Oil markets.
Closer to home, we'll investigate the charts of the ASX200, and each of the ASX sub-sectors. Financial and materials stocks still look the best, whilst the high flying technology stocks are under some serious pressure due to those rising bond yields.
Finally, we get stock specific with our stocks of interest for today. Here, we'll look at the charts for: Bell Financial Group (BFG), Base Resources (BSE), Invictus Energy (IVZ), Japara Healthcare (JHC), Johns Lyng Group (JLG), and Sims Group (SGM).
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