Market Update...

Let me begin by apologizing for missing yesterdays post. If it is any consolation, we had a strong day of trading yesterday resulting in strong gains. Today, although we have not posted any real serious gains, up 2 ticks right now our market is showing support at the current levels it is trading.
This is probably due to the poor economic news overseas, and the downturn in our stock market, along with the 10 year treasury yield falling below 3.000% today.

This last point the treasury yield is our markets primary indicator. If we see the treasury yield rise, we will see our market suffer and interest rates rise. This may happen in the short term, however the long term market projections do look dismal supporting low rates to come.