• 721 days Will The ECB Continue To Hike Rates?
  • 721 days Forbes: Aramco Remains Largest Company In The Middle East
  • 723 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,123 days Could Crypto Overtake Traditional Investment?
  • 1,127 days Americans Still Quitting Jobs At Record Pace
  • 1,129 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,132 days Is The Dollar Too Strong?
  • 1,133 days Big Tech Disappoints Investors on Earnings Calls
  • 1,134 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,135 days China Is Quietly Trying To Distance Itself From Russia
  • 1,136 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,140 days Crypto Investors Won Big In 2021
  • 1,140 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,141 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,143 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,143 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,147 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,147 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,148 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,150 days Are NFTs About To Take Over Gaming?
  1. Home
  2. Markets
  3. Other

A Little Late but Still Expected

The high forecast by the Hybrid Lindsay model for early last week was delayed for three days by option expiration. Even if the high is seen today or tomorrow, that would still be within the margin of error for the model. The new high in the Dow probably means that a new Basic Advance began last February but we'll wait and see what happens during the upcoming pullback before making that "official".

The Bondsy Scheme discussed last week saw bond yields bounce right on time with the expected six-month low in TNX (the yield on the ten-year US Treasury note). TNX had its best week since June 2013 gaining 16.69% and closed at 15.94 above the 30-dma. As interest rates continue up, liquidity should dry up putting pressure on equity markets.

10-Year Treasury Yields
Larger Image

 


Get your copy of the July Lindsay Report at SeattleTA.

 

Back to homepage

Leave a comment

Leave a comment