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Since 2007, when yields were up against the top of the channel (1), it has paid to harvest long positions in the S&P 500 for a while.
Game Plan…If long the 500 index, would look hard at harvesting and see if a breakout could take place. We are long RWM, attempting to score on defense in the small cap arena.
Scott… Thank you for your kind comments, I am humbled and honored by what you shared. I really appreciated hearing how the “Power of the Pattern” and becoming a PREMIUM MEMBER has assisted you in making very profitable investment decisions. My goal has been to help “investors enlarge portfolios regardless of market direction” by focusing in on exhaustion and reversal points, in a variety of assets. I’m glad to hear you have made a decades worth of returns in the first 100 days of the year. I look foward to providing you with quality investment research the remainder of 2011 and beyond.
Thank you again Scott,
Chris: just wanted to pass along some feedback to you on your blog and premium subscription posts. I papertraded your recommendations for six (wasted) months before going “live” on 1 Jan this year. Since then, my trading account is up 70.1% as of today’s close – which is to say that, thanks to you, sir, I’ve had a terrific DECADE these last 100 days or so, and the premium service has paid for itself in spades. As an aggressive investor, I use your posts to place swing trades using various option strategies and a strict selling discipline which, regrettably, I learned the hard (pronounced: “EXPENSIVE”) way… in all candor, Chris, yours is far and away the best subscription I’ve ever had in twenty-some years of active trading. The POTP rocks! Thank you again for all that you do!
Stemphos…Looks good as tech hasn’t been very strong of late.
cjk…Yes they have been….High yield post of last week.
Check out this bond comparison… The blue line is one of the high yield funds in the 6-pack I have produced over the past year plus
High yield mutuals seem pretty steady.
What about PSQ?
Ty…Good luck! I am not short the SPX at this time, am attempting to “score on defense” in the small caps via RWM at this time.
Thanks for your viewership and all the best,
Glad I am long SPXU (3xShort S&P500).
Alpha…Is the 30Y yield a leading indicator? Not always, yet many times it is. In this chart, several times rates started to turn lower before stocks did and back in 2008, yields started heading higher several months ahead of stocks.
to learn more…
So… is the trend of the bond Yield 30Y a leading indicator for the stock market?