Blog Post: Day 18 of $QQQ short term down-trend; Stocks follow the long bonds; when bonds fall, interest rates are rising and it sucks $$ out of the market; when bonds bottom, rates decline and the market bottoms as investors flee low fixed income for higher yielding securities , see chart

@ 10:19 pm
GMI1/6
GMI-22/9
T210832%

Note the low of the market (SP-500) and 20+ year treasury bonds (TLT) occurred simultaneously last November. Then bonds rose and went sideways as pundits expected the Fed to lower rates. Now bonds are back in a BWR down-trend and the market is weakening. Cash is king! The next advance will be under way when the shorter averages  (red lines) for TLT rise above the longer term averages (blue lines) and form a RWB pattern. Stay tuned….

Screenshot

8 thoughts on “Blog Post: Day 18 of $QQQ short term down-trend; Stocks follow the long bonds; when bonds fall, interest rates are rising and it sucks $$ out of the market; when bonds bottom, rates decline and the market bottoms as investors flee low fixed income for higher yielding securities , see chart”

  1. Dr Wish, I’d like to thank you for all you do and have done. I caught you on Trader Lion interviews recently, and the simplicity you teach rang true. It’s extra hard being in another country with currency issues and lower pickings as well for TML’s, so any edge we can find is a gift. I went to cash in my small retirement fund 2 days after you posted and it’s saved me already. I look forward to receiving your daily update each day.

  2. I want to also thank you Dr. Wish for all your effort in your blog. I’m one of your former students and even though I graduated 7 years ago, your blog has been a constant part of my research and dilligence with investing during this whole time.

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