A recent article in MarketWatch outlines comments by industry experts regarding the 10-year Treasury’s recent inching up above the 30-year downtrend line: Mark Arbeter, CMT, of Arbeter Investments LLC says…
Tag: Market Technicals
Is the Current Market Too Much of a Good Thing?
“Beyond the initial selloff” yesterday afternoon, writes Michael Kahn in yesterday’s Barron’s, “the fallout from Wednesday’s Federal Reserve decision to raise short-term interest rates by 25 basis points is still…
Bide Your Time in an Overbought Market
Although current market conditions might make assets vulnerable to reversal, that doesn’t necessarily mean a drop is imminent. When asked whether recent gains in the S&P 500 mean it’s time…