Methodology: each issue's direction is a live signal — long/short opens or holds a position, neutral means flat, and every direction change opens, flips, or closes it. Returns are direction-aware (a short gains when the price falls) and compound across positions from first observation to the latest issue. "Price move" is the stock's own raw change, shown separately. Neither represents actual portfolio performance.
Brief History (4 issues)
Up 0.28% to 72.48 on an unusual 2.05x volume surge — with CPI and PPI both benign, hike fears faded and money is rotating into the bond complex. But price still hugs the 52-week lows (13th percentile), capped below the 200-day at 73.72, and RSI 49 marks stabilization, not reversal. The benign inflation pair keeps the duration trade alive, though a real reversal still needs more evidence. Watch for a reclaim of the 50-day at 72.82.
Up 0.08% with RSI at a soft 41.5, below every moving average after a 0.9% monthly decline. The 10-year at 4.70% is pressing bond prices directly — the same variable driving the simultaneous selloff in utilities.
Up 0.21% with RSI at 44.9, still below the 50-day at 72.90 and 200-day at 73.78; bonds responded to weak payrolls less than gold did, suggesting the market prices inflation over recession.
Down 0.29% with RSI weak at 40.6, below the 50-day at 72.92 and 200-day at 73.79; rising Treasury yields pressed bond prices directly — the footnote to today's simultaneous decline in stocks and bonds.