8.11.25 "Hound Dog"

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Bonds ain't nothin', but a Hound Dog. Just marking all the time. Bonds ain't nothin', but a Hound Dog. Just marking all the time.

Corrective forces are exerting themselves calmly. Productivity numbers and inflation expectations add to the bullish case. After Sep Crude Oil failed to close above $70 at the end of July, it’s now below $64 and headed lower.

Expect 4.33 in the 10-year yield to repel the bears and attract buyers. Once 4.11 falls, look for fresh bullish momentum to affirm our target of 3.80 by the end of September.

Well, rates ain't caught momentum

So, they ain't a friend or trend.

These views are mine. Sniff out momentum and trends at TMSpotlight.com.

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Song: Hound Dog (1952)