The “Power of the Pattern” reflected in the chart below that for those bond investors that liked to buy on support a good opportunity was at hand. (see post here) CLICK ON CHART TO ENLARGE Below is an update on the price movement of LQD over the past 3 weeks… CLICK ON CHART TO ENLARGE [...]
CLICK ON CHART TO ENLARGE If you like to buy at support, LQD is presenting an opportunity, as it is closing in on a support line that has been in place since 2009. As shared in the chart, if you are long equities you should respect what happend at (2) when support broke. Interesting [...]
CLICK ON CHART TO ENLARGE Hot bonds….Govt. Bonds/TLT Cold Bonds…High yields Hot bonds turning Cold…The above bond 3-pack reflects some bonds that have been hot, that are either on support or breaking very steep rising support lines. Too soon to tell, yet AGG might have created a H&S top, before breaking support. Is this noise or [...]
CLICK ON CHART TO ENLARGE Have been a fan of the price action of high yields for months. Price action in the high yield fund complex remains a positive. TLT and MUB have had a rough go of it recently. Buy low/Sell high something to consider in these two? Long-term yields remain on support. See [...]
A month ago, the “Power of the Pattern” suggested that investors should buy LQD due to the formation of a falling wedge at support after a sizeable decline. (see post here) CLICK ON CHART TO ENLARGE Below is an update to this position. CLICK ON CHART TO ENLARGE Game Plan….for those that picked up LQD after [...]
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