Trend is still up. Keep stops tight and enjoy the ride.

Since yields peaked in 1981, that has never happened.

Earlier this year, 10 year yields traded below the low of last year (1.64%), and are currently above last year’s high (2.50%). Should they close above 2.50%, it would represent a bullish outside year for yields. Since yields peaked in 1981, that has never happened. That would add to the thesis that we have seen an end to the secular bull market in bonds.

Read the original article on The Reformed Broker. 
http://thereformedbroker.com/2016/12/19/bond-yields-just-did-something-they-havent-done-in-35-years/

NNA

Trend is still up. Tighten stops and enjoy the ride.

Ready to play?

recovery plan

 "What are you doing on evenings and weekends that renews you?  Of the four main sources of well-being, which ones are you cultivating in your time away from markets:

*  Happiness, and doing things that are fun and enjoyable
*  Satisfaction, and doing things that are meaningful
*  Energy, and doing things that energize you mentally and physically
*  Relationships, and doing things that bring you closer to the ones you care about

A good recovery plan should include healthy eating, high quality sleep, and activities that check all four of the boxes above.  

It's the watering you do at night and on weekends and holidays that allows your career to blossom during the work day."

Remember How Far You Have Come

follow up: FCX

FCX

                                16 month H&S formation

Trend is now up. Enjoy the ride.

Sign that globalization has reached its apex, and we are now going the other way.

We may be entering an incredible era for investing.

Now, we may be entering an incredible era for investing – after a long slog. And an opportunity for average investors to make up ground on the meager wealth creation and retirement savings opportunities of the past decade or more. 

today is the day, US Election 2016

Regardless of who wins the election, there will be a big reaction in the markets, but nobody can predict the size or the direction.

Trend is still down. Enjoy the ride.

So ahead of the Fed tomorrow and the U.S. election results next week, the markets are pricing in a little more risk today.  A broad "risk-off" day means stocks go lower, yields lower, crude oil lower, gold higher and the VIX (a market measure of uncertainty) higher.

"And I always thought this would be The land of milk and honey Oh but I came to find out That it's all hate and money"

follow up: USDJPY

"While it is assumed markets cannot possibly crash ahead of the November 8 elections, if some material news announcement were to hit causing big money to exit, there is little "forces" such as the alleged plunge protection team could do to prop markets."

"Since July, the S&P 500 has traded in the shallowest band in its entire 59-year trading history. It has traded in an even more flat manner than in 1976 when it typically corrected no more than 4-5%, an unprecedented period which lasted 7 1/2 months."

follow up: USDJPY

“…Human nature never changes. Therefore, the stock market never changes. Only the faces, the pockets, the suckers, and the manipulators, the wars, the disasters and the technologies change. The market itself never changes. How can it? Human nature never changes, and human nature runs the market – not reason, not economics, and certainly not logic. It is our human emotions that drive the market, as they do most other things on this planet.”

You are not so smart.

survivorship-bias