‘Interest Rates’ Archive

10-Year Yield could move up over 150% says Joe Friday

  CLICK ON CHART TO ENLARGE The Power of the Pattern suggested that interest rates were about to blast off in May of 2013, because it looked like a bullish inverse head & shoulders pattern in yields was in play. (see post here)  What happened right after that posting? Interest rates experience the largest 18-month rally […]

60-Year Eiffel tower pattern in yields looks incomplete!

  CLICK ON CHART TO ENLARGE The chart above is a 100-year look at yields on AAA Corporate Bonds. A couple of things jump out at me. Yields remain inside of a well established 30-year downtrend (lower highs and lower lows) and the rally in yields in 2013 did NOT break this down trend. Also, […]

Joe Friday…Leading indicators soft, leading sector key test today!

  CLICK ON CHART TO ENLARGE Bio Tech has had its positive influence to the broad markets over the past couple of years. It seemed to have had a negative influence on the markets from Feb 27th to April the 15th, where a bullish wick took place in the sector and a small bounce has […]