‘Govt. bonds’ Archive

Groundhog pattern back? Same results over the past 7-years!

  CLICK ON CHART TO ENLARGE Happy Groundhogs Day Everyone? In the classic movie, Bill Murray keeps experiencing the same day over and over again. Yields have hit the top of this falling resistance line and declined several times over the past 7-years. Do we have a “Groundhog” pattern at hand, per the same pattern [...]

For the past few years, doing the opposite here has paid off!

  CLICK ON CHART TO ENLARGE Is it hard to go against the crowd or trend? Even after 34-years of being in the business, I still get a few butterflies in my stomach when the Power of the Pattern and sentiment line up suggesting a change of trend is at hand. In May of 2012, [...]

Joe Friday…Two-Thirds chance Bonds rally and yields decline!

  CLICK ON CHART TO ENLARGE The yield on the 30-year bond has created a multi-year bearish rising wedge and is breaking lower support of this bearish pattern above, after hitting its 61% Fibonacci retracement level. CLICK ON CHART TO ENLARGE The yield on the 10-year note has just experienced its sharpest 18-month rally in [...]