The purpose of this blog is to provide a unique insight into trends that guide market prices. It is intended to educate and show you characteristics about the stock market, of which, the so called "professionals" have no clue. Traditional technical analysis is almost completely worthless and that is one of the main reasons for the creation of this blog. If you enjoy market analysis and information that you will find nowhere else, this blog is for you!
Thursday, December 26, 2013
Market Extremes Will Be Rectified
10 yr rates have followed last week's breakout with more gains this week. While I have been a broken record, the next 30 days should be one of bizarre and volatile moves in the bond and stock markets. Yields breaking out of a 5 yr down trend along with stocks pushing against resistance should be enough to get the correction no one thinks will ever come.