CLICK ON CHART TO ENLARGE The above 4-pack looks at the long end of yields (20 & 30 Years), mid-range (7-10) and the TIPS ETF. Longer-term yields look to have held at support and are attempting to move higher above resistance. Prices on IEF and TIP are pushing on support very hard right now. CLICK ON [...]
The NY Daily news reported after the close on Friday, that the Dow suffered its worst Thanksgiving week since 1932 (see article here) So where did that leave stocks and bonds? CLICK ON CHART TO ENLARGE The large decline in stocks did nothing more than take the 500 index down to key rising support (bottom [...]
CLICK ON CHART TO ENLARGE When equity fear was very high around 10/6, TLT was testing its 2008 highs (excess fear was driving investors to Govt paper). See “Twin Peaks” post of 10/6 (see post here) After a breakout above its 2008 highs didn’t take place, TLT fell a quick 10%+ in 30 days. The [...]
Earlier this month the “Power of the Pattern” was reflecting what looked liked… Twin Peaks were forming in TLT. (see post here) Shared at the time the patterns weren’t bullish and if support gave way sellers would step in. Since that time, TLT has over 8% in less than a month. Below is an updated [...]
Last week I shared that TLT looked to be creating “Twin Peaks” in price, suggesting lower bond prices should be in the near future (see post here). Below is an update to TLT (20-year bond) and IEF (7-10 year bond). CLICK ON CHART TO ENLARGE The above 2-pack reflects that on a short-term basis [...]
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