Heated debate seems to be common in the Muni bond arena of late, due to a few predictions that Muni’s are in big trouble going forward. Whether the predictions come true or not, the “Power of the Pattern” is suggesting certain action should be taken! CLICK ON CHART TO ENLARGE I do “hope” some of [...]
CLICK ON CHART TO ENLARGE Bond relative strength remains in the hands of the high yield funds/etf’s, compared to many other types of bonds. I have continued to suggest the high yield bonds for months and until prices break support and moving averages, the high yield funds remain my favorite bonds to rent! High yield [...]
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 [...]
Yields are starting to jump all over the place and are clearing key resistance levels in many different types of bonds! Below the Yield on the 10-year note looks to have made an inverse “Head & Shoulders” pattern! CLICK ON CHART TO ENLARGE This pattern is very “bullish per yields” moving higher at (2) & (3)! [...]
This dog was in the wrong place at the wrong time….ouch. Does the same thing apply to owning Muni Bonds over the past couple of weeks? See below… CLICK ON CHART TO ENLARGE This large decline in these Muni bond ETF’s is a reminder that harvesting at resistance can be beneficial to one’s portfolio [...]
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