The US long bond, as illustrated by the $USB 30 year bond price chart below is still trading within the bullish trend channel that its been contained to since 1990. I got into this business in 1990, and my formative years were spend sitting beside a former pro bond trader from Sri Lanka. Hiran was Read More
One momentum indicator suggests trend change is coming
No indicator, no matter how much faith you have in it, is the ‘holy grail” of market timing tools. Nothing will give you the definitive, absolute answer as to which direction the market might end up going in the near, or even intermediate term. Having gotten that out of the way, we can look Read More