High Yield mutual funds are clearing resistance hurdles of late in the 6 pack below.


In my humble opinion, it is a sign of relative strength when high yields along with the 500 index and the yield of the 10-year note are clearing resistance hurdles (see THIS POST), at the same time!

The blog suggested to go long on 8/29 in THIS POST.  Comments were made at the time that the “upside will catch many by surprise!”  With high yields breaking resistance, I suspect this comment will gain further reinforcement.

Please send thoughts, comments or questions to…       [email protected]

How The Recent Decline In Stocks Looks "Eerily" Like Major Bear Markets Of The Past