‘High Yields’ Archive

Junk bonds/High Yield funds acting ok! Do watch for a breakout here!

  CLICK ON CHART TO ENLARGE High Yield funds are considered by many to be good leading indicators for the future direction of the stock market. Above are four high yield funds (Not ETF’s) which reflect they are moving higher this year, all are above rising support and above their 200 day moving average lines. [...]

Bullish pattern in Junk Bonds! Time to “Touch the Junk” now?

  CLICK ON CHART TO ENLARGE Its been a tough past 12-months for Junk Bond ETF’s JNK & HYG! Performance is nothing to write home about and has lagged the S&P 500 by almost 20%.  Over the past few months bullish “ascending triangles” look to be forming. Often time the price action of junk bonds [...]

Junk Bonds break above 200SMA and A/D line hits new all-time highs!

CLICK ON CHART TO ENLARGE Junk bond mutual funds and ETF’s started reflecting weakness back in May, about the time the S&P 500 was starting to struggle a little bit. The decline in the junk market saw each of these 6 funds/ETF’s highlighted above, to cross below their 200SMA lines, often times a signal of [...]