Market Timing Brief for the 10 Year Treasury Note Yield (TNX) Close on 11-08-2013: Moving Up Fast

A Market Timing Report based on the 11-08-2013 Close published Sunday November 10th, 2013

The 10 Year Treasury yield continued moving up in a big way on Friday after the employment report.  The Fed is using employment as one of their metrics of monetary policy success, so rising rates mean the market feels the Fed will be tapering QE (Quantitative Easing) soon.

Rising rates will continue to pressure bonds and interest rate sensitive stocks as I pointed out last week to my free subscribers in the free monthly newsletter; get the password via the link below.  Rates also push hard on emerging markets that need lots of capital to keep growing fast, so I was forced to adjust my opinion quickly on when to enter them.  They do have excellent value, but short term will be pressured by rising rates.  The answer is on the website on the “WSSSR Access” page.

Here is the interest rate chart for the 10 Year Treasury Note:

tnx-10-year-treasury-note-market-timing-chart-2013-11-08-close

Interest rates are spiking pressuring metals and interest rate sensitive stocks and markets.

I believe the Fed may start to push back when rates hit the 3.0% mark or thereabouts. 

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.

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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.

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