Zeev's Turnips Patch-No Politics (ZEEV)

[marketmaven]

Prudential Equity Group, LLC -Stating the Obvious
RISING INTEREST RATES AND THEIR IMPACT ON EQUITIES:

* The Yield On The Ten Year Treasuries Just Exceeded Last Year`s Peak of 4.6%

* This Rise Also Represents A Major Upside Breakout That Could Eventually Carry Rates To The
5.25% to 5.5% Level

* This Move Up In Rates Has Had A Negative Impact On Interest Sensitive Stocks

* The Philadelphia Banking Index And The Morgan Stanley REIT Index Made New Reaction Lows

* The Homebuilders, the Retailers And The Home Appliances Groups Were Also Negatively Impacted