$Nasdaq Composite Index (.IXIC.US)$ this is what you need to...

there's an old saying

when interest rates are high stocks will die when interest rates are low stocks will grow

I know that seems like a child's nursery rhyme but it has stood the test of time

were you looking at is the 10-year Treasury and one may ask what is the implication of this what does it really matter?

your mortgage rates are pegged to the 10-year Treasury so your housing market and trillions of dollars of follow through are based off of this number so you buy a house you furnish it you sell your old house sometimes you buy a new car cuz you have a garage there's a lot of velocity of money that follows this Treasury and that's just one niche

when interest rates are going up at some point in time the theory is people will take money out of the stock market because they're able to capture a higher rate with what they perceive to be zero risk.

so as you see in these three charts and I have to admit they look much better in terms of the direction they're moving than virtually every stock that I own.

anybody can look at them and say yep they're going higher and you look at the daily and it's trending up you look at the weekly it's trending up you look in the monthly.

the only potential savings Grace is the monthly because you see that top line that top yellow line and it pretty much stops right around 5%, it's crossed over it before but it always has reverse lower.

I don't know if it's going to reverse this time I touched on why I think treasuries will be bought once Trump is in office I mentioned that yesterday and something I wrote.

of course the fear is many times stocks break out to the upside and that's the fear here is that it could break out

so every last bit of data that's going to be coming out economic information is going to be scrutinized to the end degree and my only concern about this is..

this data is wrong it's corrupt it's fraudulent it's made up and it's fake. and the proof of this is that every month there's revisions from the prior month or months. the problem is the damage is done once this data is announced at 8:30 or 9:00 everybody instantaneously reacts the algorithmic programs kick in and stocks move based off of fiction rather than fact.

my feeling is since we have an administration in office right now that's probably the worst in my lifetime and they have lied countlessly and I'm sure it's in the hundreds of thousands of times if not more. they've lied about what they say is a peaceful transition to the president yet the shitbag in office has pissed away over 30% of the entire 2025 budget in the first six days in office and he still spending like a drunken sailor.

taking what I see into consideration I don't believe this economic data that's going to be coming out until he takes office is worth a shit.

I hope I'm wrong I hope what comes out today makes the market rally because I took a shellacking yesterday in Tesla and an Nvidia and others.

what time will tell and we will see what happens today.