Relationship between Gold and Treasuries is at historical extreme. If the trend holds (we bounce), Gold is expected to do better then treasuries in the weeks ahead. Past few weeks support this idea as gold begins to outpace TLT Positive jobs data that signals a rate hike could trigger a dramatic increase in Golds price. The 10yr chart supports the timing. Gold...
$ZB_F $TYX
Running Alpha Capital Markets observes that higher rates are not always a headwind, as the not too distant record shows that the electric utilities group can outperform and offer a margin of safety. During the last period of higher rates, from mid 2004 to mid-2006, the FOMC hiked rates 16 times, and despite these incremental actions, electric utilities actually...
The multi-decade long trend is firmly entrenched. Until the upper bound of the trend-line is pierced, I remain bullish on 30 YR Yields.
I recently posted about expected downside for the bond market, based on technicals. As long as we're looking at bonds, why not look at treasuries. The technicals for TLT are in a little more of a "grey area" technically, than corporate bonds. The two scenarios I can see for the wave pattern have very different outcomes. Scenario 1 points to lower prices after...
Well last night U/J broke below a support zone, and is now retracing , looking to go short at 118.85-.90 with a stop at 76.4% Fib. If 76.4% is broken I will be looking for long opportunities but for now U/J is still a sell for me personally. Profit target at the 161.8% extension zone. Market sentiment supports xxx/JPY shorts with US treasuries dipping below the 2%...
This monthly chart of IEF - an ETF that tracks the performance of 7-10y U.S. Treasuries, shows that despite the media talk about rising rates, the upside trend in treasuries could have some more time to go before starting to go south. The MACD is positive with no bearish divergences, the Stochastic is still not entirely in the overbought state. Basically no...
Starting long (re-long) at 54 will add closer to 52-50 next
This is a year-to-date chart scaled on a percentage basis that outlines the relationship between the US Dollar, 20 yr+ Treasuries, Gold, Energy (think oil, gas etc), the Euro, and the US Real Esate Index. These represent the different investment classes in the market (rate-sensitive instruments, earnings sensitive instruments, and hard assets). As you can see...