Guy Adami and I are back with the Macro SetUp brought to you by our presenting sponsor Nadex, the leading U.S. exchange in binary options, knockouts, and call spreads.
We discuss the technical setup in the SPX and NDX, what AMZN’s first ten years as a publicly-traded stock have in common with TSLA’s first ten years, and what it might say about its next, how the Fed’s commentary tomorrow might affect the recent rise in rates and the fall in the U.S. dollar.
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Charts from video:
SPX 6 month
NDX 6 months
TSLA market cap vs Global Autos combined market caps
TSLA 10yr since IPO – Linear
TSLA 10yr since IPO – Log
AMZN 1997 IPO to 2010
10 year US Treasury Yield, 1-year chart
10 year US Treasury Yield, 20-year chart
DXY 1yr – US Dollar
DXY 6 month – US Dollar