Guy Adami and I are back with our weekly video podcast series The Macro Setup brought to you by our presenting sponsor IG US, one of North America’s fastest-growing foreign exchange brokers. See the charts referenced in the video below.
Topics:
SPX near highs, Russell & Nasdaq correcting.
Leverage, Hedge Fund unwinds, copycat risks? Bank stocks near highs.
New 1yr high in yields
Bitcoin Breakout coming?
USD nearing important technical resistance
CHARTS:
SPX 2yr (down less than 1% from recent high)
NDX 2yr (down 7.5% from recent high)
RTY 2yr (down 8.5% from recent high)
XLF 20yr chart
VIX 2yr
10yr U.S. Treasury Yield 3yr chart
10yr U.S. Treasury Yield 20yr chart
Bitcoin 1yr
Bitcoin since inception
DXY 1yr
