Archive for July 21st, 2010

Treasury Yields Return to Recent Lows

Treasury Yields Return to Recent Lows

| July 21, 2010

The US Treasury 30-year bond and 10-year note yields have been trending lower since early April, and today both downtrends returned to their respective lows. While the US stock market remains about 4% above its recent low in early July, treasury yields are now threatening to break below their comparable lows. This is an important [...]

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Stocks Continue to Struggle near Key Support Level

Stocks Continue to Struggle near Key Support Level

| July 21, 2010

The S&P 500 index closed sharply lower today, retreating from resistance at the upper boundary of the downtrend from late April. Notice that the only two sessions accompanied by average or above average volume over the past two weeks were the ones during which the index moved sharply lower, continuing the recent pattern of market [...]

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Short-term Forecast for July 21, 2010

Short-term Forecast for July 21, 2010

| July 21, 2010

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