There is evidence of new trends emerging in the market. US bonds look ready to head lower relative to their foreign counterparts. Will another cycle of credit shock prevent this trend? Although the SPX indicator remains bullish, the NASDAQ is now bearish for the first time since the end of November. This implies an environment…
A few things to watch this week. Even though the dollar has had a bounce, US bonds are still under performing global ones. India looks poised to make a run with this second Bollinger violation. The defense sector is making a break. Guess we’re gonna need a war to end the recession. My TRAN indicator…
The market continues to rally as the Fed lowers key lending rates. Rate cuts are having a negative effect on US bonds relative to foreign ones. Up volume significantly outweighed down volume, continuing the bullish theme. More stocks are trading above their 50dma on lower volatility. New highs are becoming more prevalent as this index…