If one is to remain extremely bullish about the S&P 500 Index, then how to reconcile the stubborn and constant "bid" at the long end of the bond market? See SPY-TLT comparison chart.
Originally published on MPTrader.com.
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Three Potential Breakouts to Watch (by TraderHR)
Eye on Amazon (by Mike Paulenoff)
Originally published on MPTrader.com.
Harry Boxer’s Charts of the Day (Longs & Shorts)
Originally published on TheTechTrader.com.
German Yield a Harbinger for U.S.? (by Mike Paulenoff)
In our comparison chart of the Spanish, German and U.S. 10-year Yield, we see that downward pressure on Bund yield persists, owing to a flight to safety from the Euro-zone periphery into German paper. Bund yield has violated a multi-month support area, which projects a target of 1.25%.
My hunch is that the yield pattern breakdown in the German Bund is foretelling a similar developing yield pattern breakdown in U.S. 10-year Treasury Yield. Treasury yield is also under pressure because of relative flight to safety issues, as well as because of what appears to be a softening of global economic growth recently.
If U.S. Treasury yield breaks and sustains beneath support at 1.87%, the pattern argues for downside acceleration that should revisit the September 23 yield low at 1.68% on the way to 1.40% next.
My suspicion is that such a scenario will coincide with, and/or will be triggered by potentially acute weakness in U.S. and global equity indices.
Originally published on MPTrader.com.
