Monday Feb 22 2021
Here is a graph of one of many Nlackrock closed end municipal funds
Investors have been thrilled at their 6% annual dividend yields in municipal bonds. But this Blackrock fund fell 3.33%, a half year of dividends just today.
This is precisely what I have warned about as yields begin climbing and bond prices falling.
Profit taking in the NDX
Okay this is a 30 minute chart but again it shows how mood turns on the proverbial dime.
Oil prices jumped 2.45 to the upside today, told you, hello inflation!
Summation index updates later this afternoon, tune in tomorrow morning for an update on that
I expect further sell off
check out energy trusts MVO, PBT both getting over bought place orders under market
Oil at $75 this summer - Goldman
https://finance.yahoo.com/m/b9d70976-6814-3235-a5ec-4ac61169b93e/oil-at-75-a-barrel-by.html
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