Market Timing Brief for the 10 Year Treasury Note Yield (TNX) Close on 11-01-2013: Moving On Up Again

A Market Timing Report based on the 11-01-2013 Close published Sunday November 3, 2013

The 10 Year Treasury yield is moving up again.  See the reversal back above the red line now just below the current price?  This will once again pressure bonds and interest rates sensitive stocks like housing stocks and REITs.  My first target in this move is the yellow line just above the current price in the chart below which is at about a yield of 2.737% (divide the number on the chart by 10).  Read my take on the SP500 Index and Gold as well (link to right – will be updated on Sunday, Nov. 3rd).


Rates rising once again

Please keep up with my latest thoughts about the markets on the access page on the main website.  Get the password here: Free Subscription to My Newsletter

Standard Disclaimer: It’s your money and your decision as to how to invest it.

Follow me on Twitter here:  Follow Me on Twitter

I thank Worden Brothers for the chart system I use to post these charts.  If you want to know more about the charting system I use every day, go to my “Other Resources” page here:  Other Resources   It makes it much easier to follow along with me if you can see the charts and manipulate them on your own computer, so it’s a great investment to have an excellent charting system.

Look for updates on the main chart tracking pages this week as I feel they are needed and comments via Twitter.

Copyright © 2013 By Wall Street Sun and Storm Report, LLC All rights reserved.

This entry was posted in Bonds, investment, Treasuries and tagged , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.