$TLT Bonds breaking down along with the market. No flight to safety here, $GLD -0.15% — where are they going? pic.twitter.com/uoxcZ7iZb3 — Saul Noyes (@SaulNoyes) December 2, 2019 Today’s Chart of the Day was shared on Twitter by Saul Noyes (@SaulNoyes). It’s a daily candlestick chart of the 20+ Year US Treasury Bond ETF, $TLT. […]
Bond Market Ratio Shows Strength from Treasuries
US yields have continued to collapse, with another hard leg down this month following July’s FOMC decision to cut rates for the first time since the Financial Crisis. A few weeks ago, I wrote about the 30-Year Yield pushing towards its record low of 2.10%. It fell as far as 1.92% in the time since […]
Seeking Strength in Safe Haven Staples
Welcome to our new “Trade Ideas” segment of The Chart Report. In this post, we dive into the Staples Sector and identify two strong stocks that recently broke to new record highs: Church & Dwight ($CHD): Long above $69 / Price Target $83 Pepsi ($PEP): Long above $122 / Price Target $138 The Safety Trade […]
What to Make of the Yield Curve
This week, the US 10-year Treasury yield sank to new 52-week lows and sliced through some important support levels. Today, a closely watched yield spread (10-year minus 3-month) turned negative for the first time in over a decade, inverting the front-end of the curve. A yield curve inversion is a bearish signal that occurs when […]
The Three Charts John Roque is Watching
Legendary technician, John Roque made a rare appearance on Bloomberg TV yesterday with host Abigail Doolittle. They discussed interest rates, and why he thinks Chinese stocks will outperform the US. He presents three charts; the Shanghai Composite, the 30-year Treasury bond and the S&P 500, offering some specific things to be mindful of with each. Here’s […]
