Wednesday, October 6, 2010

Persistence of the Trend: 10 year Treasury Yields

Figure 1 is a weekly chart of the yield on the 10 year Treasury bond.  The down trend persists, and this is confirmed by several technical studies.

Long Term View: S&P500

This is a long term technical view of the S&P500.
 

Morning News Notes: 10.6.10

The morning news notes as prepared by TL....ADP report, Moody's raises the outlook for Turkey, Taliban in talks with Afghanistan's leaders, Buffett on stocks v. bonds, and Martin Felstein on the housing market.

Tuesday, October 5, 2010

Morning News Notes: 10.5.10

The morning news notes as prepared by TL....U.S. lawmakers on China's currency, Goldman on US Treasuries, George Soros on stimulus, airlines, and Google TV.

Monday, October 4, 2010

Investor Sentiment: Neutral

For the past week, investor sentiment has turned neutral.  The short covering portion of this rally is over, and stocks will need to advance on their own merit.  With resistance looming overhead and stocks having advanced too far, too fast and on too little sponsorship, it seems reasonable that a pull back or consolidation is in order before any advance can be contemplated.

Friday, October 1, 2010

Update On Two Trading Models

This is an update on two trading models that I follow.  Both have provided "buy signals" for the S&P500 within the last couple of weeks.

Morning News Notes: 10.1.10

The morning news notes as prepared by TL....US Q2 2010 GDP, Hillary Clinton v. President Obama?, update on last year's stimulus, active managers not faring well in this whippy market, and interest payments fall for consumers.