The US 10 year was pushing higher yesterday

S&P 500 (Mar 13) INTRADAY Review The S&P closed out its best month since October 2011 with a gain of 5.16% which also happens to be the best start to a year since 1997. Our neutral short strategy worked well again yesterday with a much better than expected Chicago PMI spiking the index up to test our short entry level at 1500. Earlier in the session equities had been sideways to lower in a hang over from Wednesday’s disappointing GDP data and the worse than expected Initial Jobless

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The US 10 year was pushing higher yesterday

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