A Market Timing Report based on the 1-03-2014 Close published Sunday January5th, 2014
The 10 Year Treasury yield is back slightly below 3%, but above the breakout point noted last week and in the chart below. The Fed is lowering QE (Quantitative Easing) slowly, so rates should rise slowly. If they speed up their climb, stocks will take a hit, especially interest rate sensitive ones. Gold will likely fail to hold support as well (see GLD chart link to right).
The interest rate chart for the 10 Year Treasury Note:
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 Twitter: @SunAndStormInv
Copyright © 2014 By Wall Street Sun and Storm Report, LLC All rights reserved.