Positive hurdle cleared for High Yield funds…

Posted by Chris Kimble on 09/13/2010 at 6:20 am; This entry is filed under High Yields, S&P 500.

High Yield mutual funds are clearing resistance hurdles of late in the 6 pack below.

 

In my humble opinion, it is a sign of relative strength when high yields along with the 500 index and the yield of the 10-year note are clearing resistance hurdles (see THIS POST), at the same time!

The blog suggested to go long on 8/29 in THIS POST.  Comments were made at the time that the “upside will catch many by surprise!”  With high yields breaking resistance, I suspect this comment will gain further reinforcement.

Please send thoughts, comments or questions to…       KimbleChartingSolutions@gmail.com

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4 Comments

  1. what can you rent out- except for homes, cars, furniture, electronics and dvds ? | Car Information September 13th, 2010 at 7:33 am

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  2. Don’t kiss away gains in the 500 index… | Kimble Charting Solutions Blog September 14th, 2010 at 8:39 pm

    [...] let the stop-loss harvest for us… if it happens.  With high yields breaking resistance (see this post) and reflecting nice relative strength, stocks have at least a 50/50 chance of moving higher. [...]

  3. Bullish….Bearish… or Neither | Kimble Charting Solutions Blog September 24th, 2010 at 9:21 am

    [...] own High Yield mutual funds?  A breakout of a flag pattern and above moving averages (see post) . NOTHING [...]

  4. Miato October 15th, 2010 at 5:56 pm

    ЎGracias por el artнculo. Cada vez que quieres leer.
    Gracias

    [url=http://www.notbred.com/]Miato[/url]